Lam Research Corporation ( LRCX ) will begin trading ex-dividend on March 19, 2019. A cash dividend payment of $1.1 per share is scheduled to be paid on April 10, 2019. Shareholders who purchased LRCX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LRCX has paid the same dividend.
The previous trading day's last sale of LRCX was $182.39, representing a -19.94% decrease from the 52 week high of $227.82 and a 48.72% increase over the 52 week low of $122.64.
LRCX is a part of the Technology sector, which includes companies such as Thermo Fisher Scientific Inc ( TMO ) and Danaher Corporation ( DHR ). LRCX's current earnings per share, an indicator of a company's profitability, is $16.89. Zacks Investment Research reports LRCX's forecasted earnings growth in 2019 as -22.25%, compared to an industry average of -14.1%.
Interested in gaining exposure to LRCX through an Exchange Traded Fund [ETF]?
The following ETF(s) have LRCX as a top-10 holding:
- Invesco Dynamic Semiconductors ETF ( PSI )
- VanEck Vectors Semiconductor ETF ( SMH )
- iShares PHLX SOX Semiconductor Sector Index Fund ( SOXX )
- ValueShares U.S. Quantitative Value ETF ( QVAL )
- Invesco S&P 500 Equal Weight Technology ETF ( RYT ).
The top-performing ETF of this group is SOXX with an increase of 12.29% over the last 100 days. PSI has the highest percent weighting of LRCX at 4.99%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.