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Micron Technology (Micron Technology) Dividend Yield %

: 0.40% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Micron Technology is 0.40%.

Warning Sign:

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

The historical rank and industry rank for Micron Technology's Dividend Yield % or its related term are showing as below:

MU' s Dividend Yield % Range Over the Past 10 Years
Min: 0.1   Med: 0.61   Max: 0.86
Current: 0.4

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%.

MU's Dividend Yield % is ranked worse than
89.2% of 537 companies
in the Semiconductors industry
Industry Median: 1.49 vs MU: 0.40

Micron Technology's Dividend Payout Ratio for the three months ended in Feb. 2024 was 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.

As of today (2024-04-18), the Forward Dividend Yield % of Micron Technology is 0.40%.

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

During the past 12 months, Micron Technology's average Dividends Per Share Growth Rate was 3.40% per year.

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.

The growth rate is calculated with least square regression.

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


Micron Technology Dividend Yield % Historical Data

The historical data trend for Micron Technology's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.73 0.66

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.67 0.66 0.60 0.51

Competitive Comparison

For the Semiconductors subindustry, Micron Technology's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Semiconductors industry and Technology sector, Micron Technology's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Micron Technology's Dividend Yield % falls into.



Micron Technology Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.46/111.90
=0.41 %

Current Share Price is $111.90.
Micron Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.46.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.46/111.90
=0.41 %

Current Share Price is $111.90.
Micron Technology's Dividends per Share for the forward twelve months is calculated as $0.115 * 4 = $0.46.

* 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  (NAS:MU) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Micron Technology Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Micron Technology's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Micron Technology (Micron Technology) Headlines