Current Yield
0.27%
TTM Dividend/Share
$1.04
Payment Frequency
Quarterly
Payout Ratio
19.6%
Consecutive Growth Years
12 (Dividend Contender)
Key takeaways
- Dividend Contender — Lam Research (LRCX) has raised its dividend for 12 consecutive years.
- Lam Research (LRCX) currently yields 0.27%, paying $1.04 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 19.6% — the share of earnings distributed as dividends.
- 7 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 14.87% (growth is decelerating).
Dividend health for Lam Research (LRCX)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 15.1% |
FCF payout ratio | 5.1% |
Net debt / EBITDA | -0.1x |
Interest coverage | 44.46x |
ROIC (TTM) | 47.3% |
Dividend safety score for Lam Research (LRCX)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
7 of 8 checks passed
Payout ratio below 75%
Payout ratio is 19.6%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $5.2B — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
12 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 5.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (14.9%) exceeds EPS growth (13.3%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
49 payments from 2014 to 2026 · Adj. Dividend is split-adjusted
| Jun 17, 2026 | Jul 8, 2026 | $0.2600 | $0.2600 |
| Mar 4, 2026 | Apr 8, 2026 | $0.2600 | $0.2600 |
| Dec 3, 2025 | Jan 7, 2026 | $0.2600 | $0.2600 |
| Sep 24, 2025 | Oct 15, 2025 | $0.2600 | $0.2600 |
| Jun 18, 2025 | Jul 9, 2025 | $0.2300 | $0.2300 |
| Mar 5, 2025 | Apr 9, 2025 | $0.2300 | $0.2300 |
| Dec 11, 2024 | Jan 8, 2025 | $0.2300 | $0.2300 |
| Sep 17, 2024 | Oct 1, 2024 | $2.3000 | $0.2300 |
| Jun 18, 2024 | Jul 10, 2024 | $2.0000 | $0.2000 |
| Mar 12, 2024 | Apr 3, 2024 | $2.0000 | $0.2000 |
| Dec 12, 2023 | Jan 3, 2024 | $2.0000 | $0.2000 |
| Sep 12, 2023 | Oct 4, 2023 | $2.0000 | $0.2000 |
- Jun 17, 2026$0.2600
- Mar 4, 2026$0.2600
- Dec 3, 2025$0.2600
- Sep 24, 2025$0.2600
- Jun 18, 2025$0.2300
- Mar 5, 2025$0.2300
- Dec 11, 2024$0.2300
- Sep 17, 2024$2.3000
- Jun 18, 2024$2.0000
- Mar 12, 2024$2.0000
- Dec 12, 2023$2.0000
- Sep 12, 2023$2.0000
Historical dividend yield for Lam Research (LRCX)
Dividend per share for Lam Research (LRCX)
CAGR (per year)1Y: 13.95%5Y: 14.87%10Y: 24.68%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 2014 | $0.05 | 3 |
| 2015 | $0.11 | 4 |
| 2016 | $0.14 | 4 |
| 2017 | $0.18 | 4 |
| 2018 | $0.38 | 4 |
| 2019 | $0.45 | 4 |
| 2020 | $0.49 | 4 |
| 2021 | $0.56 | 4 |
| 2022 | $0.65 | 4 |
| 2023 | $0.74 | 4 |
| 2024 | $0.86 | 4 |
| 2025 | $0.98 | 4 |
| 2026 | $0.52 | 2 |
Dividend growth for Lam Research (LRCX)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.9800 | — | — |
| 2025 | $0.8600 | $0.9800 | +14.0% |
| 2024 | $0.7450 | $0.8600 | +15.4% |
| 2023 | $0.6450 | $0.7450 | +15.5% |
| 2022 | $0.5600 | $0.6450 | +15.2% |
| 2021 | $0.4900 | $0.5600 | +14.3% |
| 2020 | $0.4500 | $0.4900 | +8.9% |
| 2019 | $0.3800 | $0.4500 | +18.4% |
| 2018 | $0.1850 | $0.3800 | +105.4% |
| 2017 | $0.1350 | $0.1850 | +37.0% |
| 2016 | $0.1080 | $0.1350 | +25.0% |
| 2015 | — | $0.1080 | — |
- 2026—
- 2025$0.9800
- 2024$0.8600
- 2023$0.7450
- 2022$0.6450
- 2021$0.5600
- 2020$0.4900
- 2019$0.4500
- 2018$0.3800
- 2017$0.1850
- 2016$0.1350
- 2015$0.1080
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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