Gold prices just lower; monthly gains on track
FREMONT, Calif. - Lam Research Corporation (NASDAQ:LRCX), a major provider of wafer fabrication equipment and services to the semiconductor industry, has declared a quarterly dividend of $0.23 per share. The dividend is payable on July 9, 2025, to shareholders of record as of June 18, 2025. The announcement was made by the company’s Board of Directors today and indicates a continued commitment to shareholder returns. According to InvestingPro data, Lam Research has raised its dividend for 11 consecutive years, with a current yield of 1.09%.
The Fremont-based company, which plays a significant role in the production of advanced chips used across various consumer electronics, emphasized that the future issuance of dividends will remain under the Board’s review and subject to approval.
Lam Research, a Fortune 500 entity, operates globally and is recognized for its technological leadership and systems engineering that contribute to the miniaturization and performance enhancement of semiconductor devices.
According to InvestingPro’s Financial Health assessment, which rates the company as "GOOD," Lam Research maintains strong fundamentals despite market challenges. Investors should note that forward-looking statements made by the company regarding its dividend policy are subject to various risks and uncertainties. These include potential changes in the consumer electronics and semiconductor industries, unpredictable actions from customers and competitors, and the impact of trade regulations, tariffs, and geopolitical tensions. Additionally, profitability could be affected by supply chain cost increases and other inflationary pressures, while operational capabilities might be constrained by supply chain disruptions or manufacturing capacity limitations.
The company also cautioned that natural disasters, disease outbreaks, political unrest, and other unforeseen events could materially influence its operations and revenue projections.
This dividend declaration is based on a press release statement from Lam Research Corporation and reflects only the company’s current plans regarding shareholder dividends.
In other recent news, Lam Research Corporation has made significant amendments to its bylaws, allowing shareholders with a minimum 20% stake held for at least one year to call special meetings. This change is part of the company’s commitment to enhancing corporate governance and ensuring shareholders have adequate information. Stifel analysts maintained a Buy rating on Lam Research with a $92 price target, noting that the company’s third fiscal quarter performance exceeded expectations, driven by substantial revenue growth in Taiwan and the Foundry sector. The firm also highlighted Lam Research’s revenue guidance for the fourth fiscal quarter, which surpasses consensus estimates.
Cantor Fitzgerald reiterated an Overweight rating with a $90 price target, projecting that Lam Research’s earnings per share for calendar year 2025 will exceed previous consensus estimates. The firm’s analysts anticipate strong growth in Lam’s market position, particularly in the NAND segment and Foundry revenues. TD Cowen adjusted its price target for Lam Research to $100, maintaining a Buy rating, and pointed to positive signs in the company’s focus on expanding its market share in the Foundry segment.
KeyBanc Capital Markets reaffirmed their Overweight rating with a $105 price target, following Lam Research’s third fiscal quarter results, which were above consensus. The company’s confident outlook and strategic focus on serviceable available market growth and new product market share gains were emphasized. These developments reflect Lam Research’s ongoing efforts to strengthen its market position and drive future growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.