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LRCX - Lam Research News Story

$612.66 -27.1  -4.2%

Last Trade - 18/06/21

Sector
Technology
Size
Large Cap
Market Cap £63.28bn
Enterprise Value £63.30bn
Revenue £9.61bn
Position in Universe 144th / 6927

Lam Research Corporation Declares Quarterly Dividend

Thu 13th May, 2021 9:05pm
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FREMONT, Calif., May 13, 2021 (GLOBE NEWSWIRE) -- Lam Research Corporation
(Nasdaq: LRCX) today announced that its Board of Directors has approved a
quarterly dividend of $1.30 per share of common stock. The dividend payment
will be made July 7, 2021 to holders of record on June 16, 2021. Future
dividend payments are subject to review and approval by the Board of
Directors.

About Lam Research:

Lam Research Corporation is a global supplier of innovative wafer fabrication
equipment and services to the semiconductor industry. As a trusted,
collaborative partner to the world’s leading semiconductor companies, we
combine superior systems engineering capability, technology leadership, and
unwavering commitment to customer success to accelerate innovation through
enhanced device performance. In fact, today, nearly every advanced chip is
built with Lam technology. Lam Research (Nasdaq: LRCX) is a FORTUNE 500(®)
company headquartered in Fremont, Calif., with operations around the globe.
Learn more at www.lamresearch.com. (LRCX-F)

Caution Regarding Forward-Looking Statements:

Statements made in this press release that are not of historical fact are
forward-looking statements and are subject to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements relate to, but are not limited to, our plans to make dividend
payments or declare dividends. Some factors that may affect these
forward–looking statements include: the severity, magnitude and duration of
the COVID–19 pandemic (and the related governmental, public health, business
and community responses to it), and their impacts on our business, results of
operations and financial condition, are evolving and are highly uncertain and
unpredictable; business, political and/or regulatory conditions in the
consumer electronics industry, the semiconductor industry and the overall
economy may deteriorate or change; supply chain disruptions or manufacturing
capacity constraints may limit our ability to manufacture and sell our
products; the actions of our customers and competitors may be inconsistent
with our expectations; trade regulations, export controls, trade disputes, and
other geopolitical tensions may inhibit our ability to sell our products; and
widespread outbreaks of illness may impact our operations and revenue in
affected areas; as well as the other risks and uncertainties that are
described in the documents filed or furnished by us with the Securities and
Exchange Commission, including specifically the Risk Factors described in our
annual report on Form 10-K for the fiscal year ended June 28, 2020 and
quarterly report on Form 10-Q for the quarter ended March 28, 2021. These
uncertainties and changes could materially affect the forward-looking
statements and cause actual results to vary from expectations in a material
way. The Company undertakes no obligation to update the information or
statements made in this press release.

Company Contacts:
Ram Ganesh
Investor Relations
(510) 572 – 1615
Email: investor.relations@lamresearch.com
Source: Lam Research Corporation###


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