Lam Research Increases Quarterly Dividend From $2.00 To $2.30 Per Share
Portfolio Pulse from Benzinga Newsdesk
Lam Research Corporation has announced a 15% increase in its quarterly dividend, raising it from $2.00 to $2.30 per share. The dividend will be paid on October 1, 2024, to shareholders on record as of September 17, 2024.
August 29, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lam Research has increased its quarterly dividend by 15%, from $2.00 to $2.30 per share, indicating strong financial health and commitment to returning value to shareholders.
The increase in dividend suggests that Lam Research is in a strong financial position and is committed to returning value to its shareholders. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100