The dividend payout ratio measures the percentage of net income that is distributed to the shareholders in a from of dividend. In order to calculate dividend payout ratio you need two things:
- Net Income for the period and
- Dividend Paid (amount) for the same period.
The dividend payout ratio can be calculated by the following formula:
Dividend Payout Ratio = Dividends Paid / Net Income
You can find those number on the cash flow statement of the company. In your example LRCX in the LRCXlast quarterly report in the last quarter has:
Net Income of: $696M
Dividend paid: $168M
Dividend Payout ratio = $168/$696 = 24.13%
If you know the retention ratio of the company, you can also calculate the dividend payout ration as inverse of the retention ratio:
Dividend Payout Ratio = 1 − Retention Ratio
A longer explanation of the calculations and examples here: hereDividend payout ratio article.