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Lam Research (Lam Research) 3-Year Dividend Growth Rate

: 14.50% (As of Dec. 2023)
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Lam Research's Dividends per Share for the three months ended in Dec. 2023 was $2.00.

The historical rank and industry rank for Lam Research's 3-Year Dividend Growth Rate or its related term are showing as below:

LRCX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 10.9   Med: 40.7   Max: 109.3
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lam Research was 109.30% per year. The lowest was 10.90% per year. And the median was 40.70% per year.

LRCX's 3-Year Dividend Growth Rate is ranked worse than
55.92% of 338 companies
in the Semiconductors industry
Industry Median: 18.6 vs LRCX: 14.50

During the past 12 months, Lam Research's average Dividends Per Share Growth Rate was 15.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Lam Research's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27. As of today, Lam Research's Dividend Yield % is 0.87%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Lam Research's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lam Research 3-Year Dividend Growth Rate Distribution

For the Semiconductors industry and Technology sector, Lam Research's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lam Research's 3-Year Dividend Growth Rate falls into.



Lam Research 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Lam Research  (NAS:LRCX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Lam Research's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=2/ 7.52
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Lam Research was 0.32. The lowest was 0.06. And the median was 0.20.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Lam Research Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.0002024-03-122024-03-132024-04-03Cash DividendquarterlyUSD:USD 1.000000
USD 2.0002023-12-122023-12-132024-01-03Cash DividendquarterlyUSD:USD 1.000000
USD 2.0002023-09-122023-09-132023-10-04Cash DividendquarterlyUSD:USD 1.000000
USD 1.7252023-06-132023-06-142023-07-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lam Research's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=7.725/870.25
=0.89 %

Current Share Price is $870.25.
Lam Research's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.725.

During the past 13 years, the highest Dividend Yield of Lam Research was 2.75%. The lowest was 0.24%. And the median was 1.16%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lam Research 3-Year Dividend Growth Rate Related Terms>


Lam Research (Lam Research) Business Description

Address
4650 Cushing Parkway, Fremont, CA, USA, 94538
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
Executives
Timothy Archer officer: Chief Operating Officer 4650 CUSHING PARKWAY, FREMONT CA 94538
Ava Hahn officer: Chief Legal Officer & SVP 4650 CUSHING PARKWAY, C/O LAM RESEARCH, FREMONT CA 94538
Abhijit Y Talwalkar director ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Christina Corrreia officer: CVP , Chief Accounting Officer 4650 CUSHING PKWY, FREMONT CA 94538
Patrick J Lord officer: Group Vice President C/O LAM RESEARCH CORP, 4650 CUSHING PARKWAY, FREMONT CA 94538
John M. Dineen director MERRIMACK PHARMACEUTICALS, INC., ONE KENDALL SQUARE, SUITE B7201, CAMBRIDGE MA 02139
Douglas R Bettinger officer: EVP, Chief Financial Officer C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Vahid Vahedi officer: Group Vice President LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Neil J Fernandes officer: Senior Vice President 4650 CUSHING PKWY, FREMONT CA 94538
Ho Kyu Kang director 4650 CUSHING PKWY, FREMONT CA 94538
Richard A Gottscho officer: Executive Vice President 4650 CUSHING PARKWAY, FREMONT CA 94538
Sohail U Ahmed director 4650 CUSHING PARKWAY, FREMONT CA 94538
Scott Gerald Meikle officer: Senior Vice President 1007 N. 17TH STREET, BOISE ID 83702
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Seshasayee Varadarajan officer: Group Vice President LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538