Reported about 1 month ago
Lam Research, a key player in semiconductor manufacturing, has announced a 15% increase in its quarterly dividend, now totaling $2.30, fueled by strong growth in the AI sector and a solid financial position. The company's operating margins are high, with a payout ratio of only 27.6%, indicating significant potential for future dividend growth as it capitalizes on increasing demand for complex chips. Additionally, Lam has been active in share repurchases, further enhancing shareholder value.
Source: YAHOO