Lam Research Corporation Declares Quarterly Dividend
May 15 2020 - 9:00AM
Lam Research Corporation (Nasdaq: LRCX) announced that its Board of
Directors has approved a quarterly dividend of $1.15 per share of
common stock. The dividend payment will be made July 8, 2020
to holders of record on June 17, 2020. Future dividend
payments are subject to review and approval by the Board of
Directors.
About Lam Research:
Lam Research Corporation is a global supplier of innovative
wafer fabrication equipment and services to the semiconductor
industry. As a trusted, collaborative partner to the world’s
leading semiconductor companies, we combine superior systems
engineering capability, technology leadership, and unwavering
commitment to customer success to accelerate innovation through
enhanced device performance. In fact, today, nearly every advanced
chip is built with Lam technology. Lam Research (Nasdaq: LRCX) is a
FORTUNE 500® company headquartered in Fremont, Calif., with
operations around the globe. Learn more at www.lamresearch.com.
(LRCX-F)
Caution Regarding Forward-Looking Statements:
Statements made in this press release that are not of historical
fact are forward-looking statements and are subject to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relate to, but are not
limited to, our plans to make dividend payments or declare
dividends, our engineering capabilities, our technology leadership,
our commitment to customer success, and our continued ability to
accelerate innovation and enhance device performance. Some factors
that may affect these forward–looking statements include: the
severity, magnitude and duration of the COVID–19 pandemic (and the
related governmental, public health, business and community
responses to it), and their impacts on our business, results of
operations and financial condition, are evolving and are highly
uncertain and unpredictable; business, political and/or regulatory
conditions in the consumer electronics industry, the semiconductor
industry and the overall economy may deteriorate or change; the
actions of our customers and competitors may be inconsistent with
our expectations; and widespread outbreaks of illness may impact
our operations and revenue in affected areas; as well as the other
risks and uncertainties that are described in the documents filed
or furnished by us with the Securities and Exchange Commission,
including specifically the Risk Factors described in our annual
report on Form 10-K for the fiscal year ended June 30, 2019, our
quarterly reports on Form 10-Q for the quarters ended September 29,
2019, December 29, 2019 and March 29, 2020, and our current report
on Form 8-K dated April 30, 2020. These uncertainties and changes
could materially affect the forward-looking statements and cause
actual results to vary from expectations in a material way. The
Company undertakes no obligation to update the information or
statements made in this press release.
Company Contact:Ram GaneshInvestor
Relations(510) 572 –
1615Email: investor.relations@lamresearch.com
Source: Lam Research Corporation###
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