Micron Technology, Inc. (NASDAQ:MU) to Issue $0.15 Quarterly Dividend

Micron Technology, Inc. (NASDAQ:MU) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Monday, July 6th will be paid a dividend of 0.15 per share by the semiconductor manufacturer on Tuesday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, July 6th.

Micron Technology has a payout ratio of 5.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Micron Technology to earn $117.64 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 0.5%.

Micron Technology Price Performance

Micron Technology stock opened at $1,037.93 on Thursday. The company has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 49.01 and a beta of 2.16. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology has a 12 month low of $103.38 and a 12 month high of $1,213.56. The stock’s 50 day moving average is $788.74 and its 200-day moving average is $513.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $20.98 by $4.13. The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities research analysts expect that Micron Technology will post 60.34 EPS for the current year.

Micron Technology News Roundup

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Micron posted record Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, far above Wall Street estimates, showing the AI memory boom is translating into explosive profitability.
• Positive Sentiment: The company guided Q4 EPS to $30-$32 and revenue to $49-$51 billion, well ahead of consensus, reinforcing confidence that demand is still accelerating.
• Positive Sentiment: Management said customers have committed roughly $22 billion in advance orders for future memory supply, signaling strong visibility and durable demand from AI infrastructure customers.
• Positive Sentiment: Analysts and market commentary turned more bullish after the report, with several price target hikes and notes suggesting Micron could be in a multi-year “sweet spot” for memory pricing and margins.

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.