LRCX 15% dividend hike
$Lam Research(LRCX)$ has announced that its Board of Directors has approved a $0.30, or 15%, increase in its quarterly dividend, from $2.00 to $2.30 per share of common stock.
last 4 years 15% CAGR dividend increases as well
1% dividend yield
24% FCF payout
Next dividend to be paid Oct 1st
The stock will split 10-1 on Oct 2nd after close
Dividend to become $0.23 / share / quarter thereafter
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LRCX FCF/share
FY24 saw a 6% decline in FCF/share
Since FY19 12% CAGR in FCF/share
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https://x.com/DividendWave/status/1829952740954374636
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