Micron Technology (LIM:MU) Dividend Payout Ratio : 0.10 (As of Aug. 2024)

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What is Micron Technology Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Micron Technology's Dividend Payout Ratio for the months ended in Aug. 2024 was 0.10.

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

LIM:MU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.2 Max: 0.36
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Micron Technology was 0.36. The lowest was 0.05. And the median was 0.20.

LIM:MU's Dividend Payout Ratio is ranked better than
57.39% of 467 companies
in the Semiconductors industry
Industry Median: 0.41 vs LIM:MU: 0.36

As of today (2024-12-12), the Dividend Yield % of Micron Technology is 0.46%.

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 0.53%.

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

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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 Dividend Payout Ratio Chart

Micron Technology Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Dividend Payout Ratio

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0.35

Micron Technology Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.27	0.19	0.10

Competitive Comparison of Micron Technology's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the Semiconductors Industry

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

Micron Technology's Dividend Payout Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2024 )	/	EPS without NRI (A: Aug. 2024 )
	=	0.46	/	1.3
	=	0.35

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

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2024 )	/	EPS without NRI (Q: Aug. 2024 )
	=	0.115	/	1.18
	=	0.10

Micron Technology (LIM:MU) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (LIM:MU) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

MU:USA MU:Mexico MU_KZ:Kazakhstan 1MU:Italy MTEd:UK 0R2T:UK MTE:Germany MTE:Germany MTE:Germany MTE:Germany MU:Canada MUTC34:Brazil MTE:Bulgaria MU:Austria

Address

8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632

Website

https://www.micron.com

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.