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Micron Technology (Micron Technology) 3-Year Dividend Growth Rate : 0.00% (As of Feb. 2024)


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What is Micron Technology 3-Year Dividend Growth Rate?

Micron Technology's Dividends per Share for the three months ended in Feb. 2024 was $0.12.

The historical rank and industry rank for Micron Technology's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Micron Technology was 146.60% per year. The lowest was 146.60% per year. And the median was 146.60% per year.

MU's 3-Year Dividend Growth Rate is not ranked *
in the Semiconductors industry.
Industry Median: 18.6
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Micron Technology's average Dividends Per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Micron Technology's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.16. As of today, Micron Technology's Dividend Yield % is 0.41%.

Warning Sign:

Micron Technology Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Micron Technology's 3-Year Dividend Growth Rate

For the Semiconductors subindustry, Micron Technology's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micron Technology's 3-Year Dividend Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Micron Technology's 3-Year Dividend Growth Rate falls into.



Micron Technology 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Micron Technology  (NAS:MU) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Micron Technology's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.115/ 0.705
=0.16

During the past 13 years, the highest Dividend Payout Ratio of Micron Technology was 0.05. The lowest was 0.05. And the median was 0.05.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Micron Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1152024-03-282024-04-012024-04-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-12-292024-01-022024-01-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-10-062023-10-102023-10-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-07-072023-07-102023-07-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Micron Technology's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.46/111.58
=0.41 %

Current Share Price is $111.58.
Micron Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.46.

During the past 13 years, the highest Dividend Yield of Micron Technology was 0.86%. The lowest was 0.10%. And the median was 0.61%.

Warning Sign:

Micron Technology Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Micron Technology 3-Year Dividend Growth Rate Related Terms>


Micron Technology (Micron Technology) Business Description

Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Executives
Sanjay Mehrotra officer: President & CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Scott J Deboer officer: Vice President, R&D 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Scott R. Allen officer: CVP, Chief Accounting Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
April L Arnzen officer: VP, Human Resources 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Michael W Bokan officer: SVP, WORLDWIDE SALES 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Sumit Sadana officer: EVP & Chief Business Officer 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Richard M Beyer director 6501 WILLIAM CANNON DRIVE, WEST, AUSTIN TX 78735
Manish H Bhatia officer: EVP, Global Operations C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert P Beard officer: SVP, General Counsel&Secretary 8000 S. FEDERAL WAY, BOISE ID 83716
Mark J. Murphy officer: EVP & Chief Financial Officer DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098
Joel L Poppen officer: VP Legal Affairs, Gen Counsel, other: Corporate Secretary 8000 S. FEDERAL WAY, MS 1-557, BOISE ID 83716
David Zinsner officer: SVP & Chief Financial Officer 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Paul Marosvari officer: VP, Chief Accounting Officer 8000 S. FEDERAL WAY, BOISE ID 83716