Micron Technology, Inc. (MU) to Issue Quarterly Dividend of $0.15 on July 21st

Micron Technology, Inc. (NASDAQ:MU) announced a quarterly dividend on Wednesday, June 24th. Shareholders 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) annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Monday, July 6th.

Micron Technology has a payout ratio of 5.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Micron Technology to earn $118.87 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 Trading Up 15.7%

Shares of MU stock opened at $1,213.56 on Friday. Micron Technology has a 1 year low of $103.38 and a 1 year high of $1,255.00. The firm has a market capitalization of $1.37 trillion, a PE ratio of 27.47 and a beta of 2.16. The stock has a fifty day moving average of $803.70 and a two-hundred day moving average of $520.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The business had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 82.33%. The company’s revenue was up 345.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts expect that Micron Technology will post 60.62 EPS for the current year.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron reported record Q3 revenue of $41.46 billion and adjusted EPS of $25.11, far above estimates, showing explosive demand for AI-related memory chips.
• Positive Sentiment: Management issued very strong Q4 guidance, signaling that tight memory supply and strong pricing power could continue into the next quarter.
• Positive Sentiment: The company highlighted $22 billion of customer commitments and long-term strategic agreements, which improve visibility and reduce the old boom-bust narrative around memory chips.
• Positive Sentiment: Analysts responded with multiple target hikes and bullish ratings, reinforcing confidence that Micron is becoming a core AI infrastructure beneficiary.
• Positive Sentiment: Micron’s results also lifted the broader chip sector, with other memory and semiconductor stocks rallying on the view that AI memory demand remains very strong.

Micron Technology Company Profile

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.