Lam Research Corp Dividends
The next dividend date for Lam Research Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Lam Research Corp (LRCX)
More About Lam Research Corp
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; and VECTOR plasma-enhanced CVD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. The company sells its products in the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Owning Lam Research Corp Stock on the Dividend Date
If you own Lam Research Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Lam Research Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Lam Research Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Lam Research Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Lam Research Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Lam Research Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Lam Research Corp stock price from the dividend is already baked into Lam Research Corp option prices.
That means the prices of call options that overlap the Lam Research Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Lam Research Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Lam Research Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Lam Research Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Lam Research Corp Dividends
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