Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Micron Technology Dividend Announcement
• Micron Technology announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-07
• Micron Technology annual dividend for 2024 was $0.35
• Micron Technology annual dividend for 2023 was $0.46
• Micron Technology's trailing twelve-month (TTM) dividend yield is 0.48%
• Micron Technology's payout ratio for the trailing twelve months (TTM) is 65.94%
Micron Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-07 | $0.12 | quarterly | 2024-10-23 |
2024-07-08 | $0.12 | quarterly | 2024-07-23 |
2024-03-28 | $0.12 | quarterly | 2024-04-16 |
2023-12-29 | $0.12 | quarterly | 2024-01-18 |
2023-10-06 | $0.12 | quarterly | 2023-10-25 |
2023-07-07 | $0.12 | quarterly | 2023-07-25 |
2023-04-06 | $0.12 | quarterly | 2023-04-25 |
2022-12-30 | $0.12 | quarterly | 2023-01-19 |
2022-10-07 | $0.12 | quarterly | 2022-10-26 |
2022-07-08 | $0.12 | quarterly | 2022-07-26 |
2022-04-08 | $0.10 | quarterly | 2022-04-26 |
2021-12-31 | $0.10 | quarterly | 2022-01-18 |
2021-09-30 | $0.10 | quarterly | 2021-10-18 |
1996-05-07 | $0.05 | quarterly | 1996-05-31 |
1995-12-26 | $0.05 | quarterly | 1996-01-18 |
1995-11-08 | $0.05 | quarterly | 1995-12-01 |
1995-08-09 | $0.05 | quarterly | 1995-08-21 |
1995-05-30 | $0.05 | quarterly | 1995-06-14 |
1995-03-30 | $0.10 | quarterly | |
1994-12-29 | $0.05 | quarterly | 1995-02-03 |
1994-09-26 | $0.05 | quarterly | 1994-10-24 |
1994-07-19 | $0.05 | quarterly | 1994-08-15 |
1994-04-26 | $0.05 | quarterly | 1994-05-23 |
1993-11-26 | $0.05 | quarterly | 1994-01-06 |
1992-11-27 | $0.05 | quarterly | 1993-01-07 |
1991-11-22 | $0.05 | quarterly | 1992-01-02 |
Micron Technology Dividend per year
Micron Technology Dividend growth
Micron Technology Dividend Yield
Micron Technology current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Micron Technology stock? Use our calculator to estimate your expected dividend yield:
Micron Technology Financial Ratios
Micron Technology Dividend FAQ
Other factors to consider when evaluating Micron Technology as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Micron Technology's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Micron Technology publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Micron Technology distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Micron Technology are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Micron Technology sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Micron Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Micron Technology declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Micron Technology's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Micron Technology's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.