
Lam Research (LRCX) Dividend
Lam Research Corporation · Technology · Semiconductor Equipment & Materials · quarterly payer
As of Nov 5, 2026, Lam Research (LRCX) pays a quarterly dividend of $0.33 per share, or $1.32 a year, a 0.60% yield at its $196.96 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 11 years in a row and has a dividend safety grade of A.
Forward Yield
0.60%
Annual Dividend
$1.32
Payout Ratio
17%
5-Yr Growth
14.9%
Ex-Date
Sep 23, 2026
Frequency
Quarterly
Key facts about LRCX's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Lam Research Corporation (LRCX) has a forward dividend yield of 0.60%, based on an annual dividend of $1.32 per share and a share price of $196.96.
- As of Nov 5, 2026, LRCX's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Lam Research Corporation (LRCX) has raised its dividend for 11 consecutive years as of Nov 5, 2026.
- LRCX has never cut its regular dividend in the payment history SmarterDividends has on record.
- LRCX's most recent ex-dividend date was Sep 23, 2026, for a dividend of $0.33 per share.
- As of Nov 5, 2026, LRCX pays out 17% of its trailing 12-month earnings as dividends (its payout ratio).
- LRCX's dividend has grown at an average rate of 14.9% a year over the past five years.
- As of Nov 5, 2026, LRCX's 0.60% yield is 44% below its five-year average yield of 1.08%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for LRCX is $108.74 per share, 45% below the $196.96 share price, so LRCX screens as overvalued.
- Lam Research Corporation (LRCX) pays its dividend quarterly, 4 times a year.
- Lam Research Corporation (LRCX) has raised its regular dividend 12 times and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 26.9% increase to $0.330 per share, going ex-dividend on Sep 23, 2026.
- Lam Research (LRCX) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 26.9%, was declared on Aug 26, 2026.
Cite this page
SmarterDividends, "LRCX Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/LRCX
Is LRCX a good dividend stock?
YesLam Research Corporation (LRCX) pays a quarterly dividend yielding 0.60% ($1.32/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 (17%)
- Strong 14.9% 5-yr dividend growth
- 252% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.60%
- Payout Ratio
- 17%
- Annual Dividend
- $1.32
- 5-Yr Avg Growth
- 14.9%
- Ex-Dividend Date
- Sep 23, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 2.01
- Market Cap
- $246.5B
- P/E Ratio
- 29.4
- 5-Yr Total Return
- 252%
- 52-Week Range
- $135.50 – $438.50
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
LRCX dividend raises and cuts
Lam Research Corporation (LRCX) has raised its regular dividend 12 times and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 26.9% increase to $0.330 per share, going ex-dividend on Sep 23, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 23, 2026 | Raise | $0.260 → $0.330 | +26.9% |
| Sep 24, 2025 | Raise | $0.230 → $0.260 | +13.0% |
| Sep 17, 2024 | Raise | $0.200 → $0.230 | +15.0% |
| Sep 12, 2023 | Raise | $0.173 → $0.200 | +15.9% |
| Sep 13, 2022 | Raise | $0.150 → $0.173 | +15.0% |
| Sep 27, 2021 | Raise | $0.130 → $0.150 | +15.4% |
| Sep 29, 2020 | Raise | $0.115 → $0.130 | +13.0% |
| Sep 30, 2019 | Raise | $0.110 → $0.115 | +4.5% |
| Jun 5, 2018 | Raise | $0.0500 → $0.110 | +120.0% |
| Dec 5, 2017 | Raise | $0.0450 → $0.0500 | +11.1% |
| Dec 12, 2016 | Raise | $0.0300 → $0.0450 | +50.0% |
| Jun 8, 2015 | Raise | $0.0180 → $0.0300 | +66.7% |
Frequently Asked Questions
Is LRCX a good dividend stock?
Yes. Lam Research Corporation (LRCX) pays a quarterly dividend yielding 0.60% ($1.32/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.
Is LRCX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LRCX's fair value is about $108.74 versus a $196.96 share price — so it looks overvalued (-45% vs. fair value).
Is LRCX's dividend safe?
LRCX has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LRCX's fair value?
Our blended fair-value estimate for LRCX is about $108.74 per share, about 45% below the current $196.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LRCX a buy, hold, or sell?
We don't issue formal ratings, but on the data LRCX screens as "yes" and overvalued. Lam Research Corporation (LRCX) pays a quarterly dividend yielding 0.60% ($1.32/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. This is research for your own analysis, not investment advice.
Will LRCX cut its dividend?
LRCX earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LRCX pay a dividend?
Yes. Lam Research Corporation pays a quarterly dividend of about $1.32 per share annually, a forward yield of roughly 0.60%.
How much dividend does 100 shares of LRCX pay?
At $1.32 per share a year, 100 shares of LRCX pay $132.00 a year in dividends before tax, about $33.00 each quarter. Buying them costs about $19,696 at the Nov 5, 2026 price.
What is LRCX's dividend yield?
As of Nov 5, 2026, LRCX's forward dividend yield is 0.60%, based on a $1.32 annual dividend and a $196.96 share price.
What is LRCX's dividend per share?
As of Nov 5, 2026, LRCX pays $1.32 per share per year, distributed on a quarterly basis.
What is LRCX's dividend payout ratio?
As of Nov 5, 2026, LRCX's payout ratio is 17% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LRCX grown its dividend?
As of Nov 5, 2026, LRCX has increased its dividend for 11 consecutive years.
When is the next LRCX ex-dividend date?
As of Nov 5, 2026, LRCX's next ex-dividend date hasn't been announced. The most recent was Sep 23, 2026, for $0.33 per share.
LRCX Price — Last 12 Months
Daily close
Price Return
1 Year
+53%
3 Years
+234%
5 Years
+252%
52-Week Range
$135.50 – $438.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LRCX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Lam Research Corporation is $108.74 per share, versus a market price of $196.96. That implies 45% of downside.
Fair Value
$108.74
Current Price
$196.96
Downside
-45%
Margin of Safety
-81%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 36.7% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $6.71 EPS, $1.32 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
Full LRCX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 23, 2026 | Oct 14, 2026 | $0.3300 | regular |
| Jun 17, 2026 | Jul 8, 2026 | $0.2600 | regular |
| Mar 4, 2026 | Apr 8, 2026 | $0.2600 | regular |
| Dec 3, 2025 | Jan 7, 2026 | $0.2600 | regular |
| Sep 24, 2025 | Oct 15, 2025 | $0.2600 | regular |
| Jun 18, 2025 | Jul 9, 2025 | $0.2300 | regular |
| Mar 5, 2025 | Apr 9, 2025 | $0.2300 | regular |
| Dec 11, 2024 | Jan 8, 2025 | $0.2300 | regular |
| Sep 17, 2024 | Oct 1, 2024 | $0.2300 | regular |
| Jun 18, 2024 | Jul 10, 2024 | $0.2000 | regular |
| Mar 12, 2024 | Apr 3, 2024 | $0.2000 | regular |
| Dec 12, 2023 | Jan 3, 2024 | $0.2000 | regular |
| Sep 12, 2023 | Oct 4, 2023 | $0.2000 | regular |
| Jun 13, 2023 | Jul 5, 2023 | $0.1725 | regular |
Income Calculator
At $1.32 / yr per share
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