Lam Research Corporation ( LRCX ) will begin trading ex-dividend on March 06, 2018. A cash dividend payment of $0.5 per share is scheduled to be paid on March 28, 2018. Shareholders who purchased LRCX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment.
The previous trading day's last sale of LRCX was $194.53, representing a -11.46% decrease from the 52 week high of $219.70 and a 67.12% increase over the 52 week low of $116.40.
LRCX is a part of the Technology sector, which includes companies such as Thermo Fisher Scientific Inc ( TMO ) and ASML Holding N.V. ( ASML ). LRCX's current earnings per share, an indicator of a company's profitability, is $9.07. Zacks Investment Research reports LRCX's forecasted earnings growth in 2018 as 67.74%, compared to an industry average of 35.4%.
Interested in gaining exposure to LRCX through an Exchange Traded Fund [ETF]?
The following ETF(s) have LRCX as a top-10 holding:
- PowerShares Dynamic Semiconductors ( PSI )
- SPDR NYSE Technology ETF ( XNTK )
- iShares Russell Midcap Growth ETF ( IWP )
- iShares Morningstar Large-Cap ETF ( JKD )
- iShares Russell Mid-Cap ETF ( IWR ).
The top-performing ETF of this group is XNTK with an increase of 14.53% over the last 100 days. PSI has the highest percent weighting of LRCX at 2.71%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.