Lam Research Corporation
LRCXTechnology · Stock · quarterly payer
Forward Yield
0.33%
Annual Dividend
$1.04
Payout Ratio
19%
5-Yr Growth
14.9%
Ex-Date
Jun 17, 2026
Frequency
Quarterly
Summary
As of July 2026, Lam Research Corporation (LRCX) yields 0.33% ($1.04 per share annually), with a blended fair-value estimate of $186.69 — -40% downside, so it screens as overvalued. Dividend safety grade: A (89/100). 11 years of dividend growth.
Is LRCX a good dividend stock?
YesLam Research Corporation (LRCX) pays a quarterly dividend yielding 0.33% ($1.04/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 11 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (19%)
- Strong 14.9% 5-yr dividend growth
- 418% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.33%
- Payout Ratio
- 19%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 14.9%
- Ex-Dividend Date
- Jun 17, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 1.80
- Market Cap
- $383.6B
- P/E Ratio
- 59.2
- 5-Yr Total Return
- 418%
- 52-Week Range
- $90.94 – $438.50
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
LRCX Price — Last 12 Months
Daily close
Price Return
1 Year
+213%
3 Years
+346%
5 Years
+418%
52-Week Range
$90.94 – $438.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LRCX worth?
Overvaluedlow confidenceOur blended fair-value estimate for Lam Research Corporation is $186.69 per share, versus a market price of $313.30. That implies 40% of downside.
Fair Value
$186.69
Current Price
$313.30
Downside
-40%
Margin of Safety
-68%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $5.29 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LRCX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 17, 2026 | — | $0.2600 | regular |
| Mar 4, 2026 | — | $0.2600 | regular |
| Dec 3, 2025 | — | $0.2600 | regular |
| Sep 24, 2025 | — | $0.2600 | regular |
| Jun 18, 2025 | — | $0.2300 | regular |
| Mar 5, 2025 | — | $0.2300 | regular |
| Dec 11, 2024 | — | $0.2300 | regular |
| Sep 17, 2024 | — | $0.2300 | regular |
| Jun 18, 2024 | — | $0.2000 | regular |
| Mar 12, 2024 | — | $0.2000 | regular |
| Dec 12, 2023 | — | $0.2000 | regular |
| Sep 12, 2023 | — | $0.2000 | regular |
| Jun 13, 2023 | — | $0.1725 | regular |
| Mar 14, 2023 | — | $0.1725 | regular |
Income Calculator
At $1.04 / yr per share
