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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: da_spot who wrote (16565)	8/24/2023 12:11:19 PM
From: Kirk ©	2 Recommendations Recommended By da_spot Sr K Read Replies (1) \| Respond to of 26730

It is great when you buy a company like LRCX for its growth potential then decades later it pays a dividend multiple times higher than what you paid for your original shares! tinyurl.com Lam Research Corporation Announces a 16% Increase in Quarterly Dividend FREMONT, Calif., Aug. 24, 2023 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.275, or 16%, increase in its quarterly dividend, from $1.725 to $2.00 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made on October 4, 2023, to holders of record on September 13, 2023. Future dividend payments are subject to review and approval by the Board of Directors. $8.00 / 3.33=2.40 times!