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Micron Technology (BSP:MUTC34) Dividend Payout Ratio

: 0.12 (As of Feb. 2024)
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Micron Technology's dividend payout ratio for the months ended in Feb. 2024 was 0.12.

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


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.

BSP:MUTC34's Dividend Payout Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 0.46
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-19), the Dividend Yield % of Micron Technology is 0.30%.

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

Micron Technology's Dividends per Share for the months ended in Feb. 2024 was R$0.07.

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 Payout Ratio Historical Data

The historical data trend for Micron Technology's Dividend Payout Ratio 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 Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.05 -

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 Payout Ratio 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 - - - - 0.12

Competitive Comparison

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

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

* The bar in red indicates where Micron Technology's Dividend Payout Ratio falls into.



Micron Technology Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Micron Technology's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Aug. 2023 )/ EPS without NRI (A: Aug. 2023 )
=0.371/ -3.635
=N/A

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 )
=0.067/ 0.583
=0.11

* 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 (BSP:MUTC34) Dividend Payout Ratio Explanation

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.


Micron Technology Dividend Payout Ratio Related Terms

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


Micron Technology (BSP:MUTC34) 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.

Micron Technology (BSP:MUTC34) Headlines

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