Lam Research Corporation (LRCX) Dividend History
Income profile from 2014 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
21.5% payout ratio with sustainable safety profile.
Consistency
11 straight years of dividend increases.
Income Trend
Yield on cost is 2.1% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (13 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Lam Research Corporation distributes 21.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 17.3%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
LRCX has raised its dividend for 11 consecutive years, with a 3-year CAGR of 15.0% and 5-year CAGR of 14.9%.
Total Shareholder Returns
Beyond cash dividends, LRCX returns capital through share repurchases. The combined picture: 0.4% dividend yield, 1.2% buyback yield, 1.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.1% and is currently rising. The 5-year total return is 296.9%, with dividends contributing 6.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $326,495 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 4, 2026Latest | $0.2600 | — | 43.18% | Apr 8, 2026 |
| Dec 3, 2025 | $0.2600 | — | 61.35% | Jan 7, 2026 |
| Sep 24, 2025 | $0.2600 | ↑ +13.0% | 74.03% | Oct 15, 2025 |
| Jun 18, 2025 | $0.2300 | — | 99.74% | Jul 9, 2025 |
| Mar 5, 2025 | $0.2300 | — | 1.13% | Apr 9, 2025 |
| Dec 11, 2024 | $0.2300 | — | 1.10% | Jan 8, 2025 |
| Sep 17, 2024 | $0.2300 | ↑ +15.0% | 1.08% | Oct 1, 2024 |
| Jun 18, 2024 | $0.2000 | — | 73.42% | Jul 10, 2024 |
Dividend Peer Comparison
Peer group: Semiconductor Manufacturing Equipment
Annual Dividend History
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.26 | — | 1 | — | — | — | 0.5% |
| 2025 | $0.98 | 14.0% | 4 | $4.15 | 23.6% | 4.23x | 2.1% |
| 2024 | $0.86 | 15.4% | 4 | $2.90 | 29.7% | 3.37x | 1.8% |
| 2023 | $0.74 | 15.5% | 4 | $3.32 | 22.4% | 4.46x | 1.6% |
| 2022 | $0.65 | 15.2% | 4 | $3.27 | 19.7% | 5.07x | 1.3% |
| 2021 | $0.56 | 14.3% | 4 | $2.69 | 20.8% | 4.80x | 1.2% |
| 2020 | $0.49 | 8.9% | 4 | $1.51 | 32.5% | 3.08x | 1.0% |
| 2019 | $0.45 | 18.4% | 4 | $1.37 | 32.8% | 3.04x | 0.9% |
| 2018 | $0.38 | 105.4% | 4 | $1.32 | 28.8% | 3.47x | 0.8% |
| 2017 | $0.18 | 37.0% | 4 | $0.92 | 20.1% | 4.97x | 0.4% |
See LRCX's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does LRCX pay per share?
Lam Research Corporation (LRCX) pays a trailing 12-month dividend of $0.89 per share, with a current dividend yield of +0.4%. Payments are made Annual.
When is LRCX's next ex-dividend date?
LRCX's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LRCX typically pays dividends Annual.
Is LRCX's dividend safe?
LRCX's dividend safety is rated "Sustainable" based on an earnings payout ratio of +21.5% and FCF payout ratio of +17.3%. With 11 consecutive years of dividend growth, the track record supports sustainability.
Is LRCX a Dividend Achiever?
Yes, Lam Research Corporation is classified as a Dividend Achiever with 11 consecutive years of dividend increases. The 5-year dividend CAGR is +14.9%, demonstrating above-inflation dividend growth.
How often does LRCX pay dividends?
Lam Research Corporation pays dividends Annual. The trailing 12-month total is $0.89 per share. Dividend data on this page covers 12+ years from 2014 to 2026.
How much would $10,000 invested in LRCX grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LRCX five years ago would be worth approximately $39,693 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LRCX's yield on cost for long-term holders?
LRCX's yield on cost — the current dividend divided by the original purchase price — is +2.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.4% market yield, thanks to consistent dividend growth.