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%.
For more information on the declaration, record and payment dates, visit the LRCX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.