MU (Micron Technology) 3-Year Dividend Growth Rate: 3.50% (As of May. 2026) — 98% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MU Micron Technology Inc MU
85 GF Score
Price $1,045.01
GF Value $642.61
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Micron Technology 3-Year Dividend Growth Rate?

Micron Technology MU +2.88% 85 3-Year Dividend Growth Rate is 3.50% as of May. 2026, which is 98% below its 10-year median of 146.60. GuruFocus rates MU with a GF Score™ of 85/100 and a GF Value™ of $642.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 372 Semiconductors companies, Micron Technology ranks better than 54.3% on this metric.

Micron Technology's Dividends per Share for the three months ended in May. 2026 was $0.15.

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

MU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.5   Med: 146.6   Max: 146.6
Current: 3.5

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 3.50% per year. And the median was 146.60% per year.

MU's 3-Year Dividend Growth Rate is ranked better than
54.3% of 372 companies
in the Semiconductors industry
Industry Median: -0.7 vs MU: 3.50

During the past 12 months, Micron Technology's average Dividends Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% 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 May. 2026 was 0.01. As of today, Micron Technology's Dividend Yield % is 0.05%.

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


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 May. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2026 )/ EPS without NRI (Q: May. 2026 )
=0.15/ 24.666375545852
=0.01

During the past 13 years, the highest Dividend Payout Ratio of Micron Technology was 0.35. The lowest was 0.01. And the median was 0.06.

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 0.1500002026-07-062026-07-062026-07-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002026-03-302026-03-302026-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002025-12-292025-12-292026-01-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002025-10-032025-10-032025-10-21Cash 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
=0.53/1045.005
=0.05 %

Current Share Price is $1045.005.
Micron Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.53.

During the past 13 years, the highest Dividend Yield of Micron Technology was 0.86%. The lowest was 0.04%. And the median was 0.45%.

* 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>


MU vs AMD, INTC, AVGO: 3-Year Dividend Growth Rate Comparison

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 3-Year Dividend Growth Rate vs 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.


MU
85GF Score
Micron Technology Inc MU
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

What does a 3-Year Dividend Growth Rate of 3.50% mean?
Micron Technology (MU) has a 3-Year Dividend Growth Rate of 3.50% as of May. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Micron Technology and its competitors. This is 98% below median its historical median of 146.60. Over the past decade, Micron Technology's 3-Year Dividend Growth Rate has ranged from 3.50 to 146.60. According to the industry distribution chart, Micron Technology ranks #170 out of 372 companies in the Semiconductors industry, placing it in the top 45.7%.
Is Micron Technology's 3-Year Dividend Growth Rate too high?
Micron Technology's current 3-Year Dividend Growth Rate of 3.50% is 98% below median its 10-year median of 146.60. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 146.60. Based on the distribution chart, Micron Technology ranks #170 out of 372 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micron Technology has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's 3-Year Dividend Growth Rate compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #170 out of 372 companies for 3-Year Dividend Growth Rate. This puts Micron Technology in the upper half of its industry. Historically, Micron Technology's own 3-Year Dividend Growth Rate has ranged from 3.50 to 146.60 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Semiconductors company?
A good 3-Year Dividend Growth Rate depends on the Semiconductors industry context. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Micron Technology and its competitors. Micron Technology's current 3-Year Dividend Growth Rate is 3.50%, which is 98% below median its own 10-year median of 146.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MU) is currently considered Significantly Overvalued. The stock's GF Value™ is $642.61, compared to a current price of $1,045.01 — trading 62.6% above its estimated fair value. The current 3-Year Dividend Growth Rate is 3.50%, which is 98% below median its 10-year median of 146.60. Micron Technology's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Micron Technology (MU), the current 3-Year Dividend Growth Rate is 3.50% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of $1,045.01 is trading 62.6% above its estimated GF Value™ of $642.61. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MU:

  • 3-Year Dividend Growth Rate: 3.50% (98% below median its 10-year median of 146.60)
  • GF Value™: $642.61 vs. price of $1,045.01 (62.6% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, 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.
85GF Score

Get the complete analysis for MU

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,045.01
Price
$642.61
GF Value