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Micron Technology, Inc. (MU) logo

Micron Technology, Inc.

S&P 500
MU|Technology|Semiconductors|$746.81|P/E 30.3|MCap 842.2B|NASDAQ

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

83/ 100Very Safe

MU's dividend appears very safe. Strengths include a 2.2% earnings payout ratio & 5.1% fcf payout ratio. Areas of concern: Volatile profit margin stability & 0.0% 5-year dividend cagr.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 2.2%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 5.1%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 3.1%Operating cash flow strongly supports the payout.

Risks

  • Profit Margin Stability: VolatileProfit margins have been volatile.
  • 5-Year Dividend CAGR: 0.0%Dividend growth has been weak or negative.

Payout & Coverage

Very Safe
Earnings Payout Ratio
2.2%Very Safe
FCF Payout Ratio
5.1%Very Safe
CFO Payout Ratio
3.1%Very Safe
Interest Coverage
21.2xVery Safe

Balance Sheet

Very Safe
Net Debt / Total Assets
6.8%Very Safe
Current Ratio
2.9xVery Safe
Debt-to-Equity
14.9Very Safe

Profitability

Safe
Return on Equity
39.8%Very Safe
Operating Margin
67.6%Very Safe
Gross Margin
74.4%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Caution
Dividend Streak
5+ yrsCaution
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
0.0%Warning
Earnings Stability
Mostly StableCaution

About Micron Technology, Inc.

Micron Technology, Inc. is one of the largest semiconductor companies worldwide, specializing in the design, development, manufacture, and sale of memory and storage products. Its primary revenue stream derives from dynamic random access memory, or DRAM, with additional exposure to NAND flash chips. The company operates through key segments including the Cloud Memory Business Unit, Core Data Center Business Unit, Mobile and Client Business Unit, and Automotive and Embedded Business Unit. Micron provides a range of memory solutions such as DRAM components and modules, CXL-based memory, LPDDR components, graphics memory, high-bandwidth memory, data center memory products, multichip packages, and advanced technologies like 1y DRAM and G9 NAND. It serves a global customer base across data centers, mobile phones, consumer electronics, industrial, and automotive applications, maintaining a vertically integrated structure for efficiency. Founded in 1978 and headquartered in Boise, Idaho, Micron Technology, Inc. plays a pivotal role in the semiconductor industry, enabling critical computing and storage needs in diverse high-tech sectors.

Dividend Overview

Dividend Yield

0.07%

Annual Dividend

$0.49

Frequency

Quarterly

Payout Ratio

2.17%

FCF Payout Ratio

5.13%

Stock Price

$746.81

52-Week Range

$83.36 $747.21

Dividend History (2016–2025)

MU annual dividend per share and yield history

Earnings & Profitability

MU earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 30, 2026

Last Payment Date

April 15, 2026

Dividend Growth

3-Year Dividend CAGR

1.11%

5-Year Dividend CAGR

0.00%

10-Year Dividend CAGR

0.00%

3-Year Total Growth

3.37%

5-Year Total Growth

0.00%

10-Year Total Growth

0.00%

Income Calculator

MU Dividend Calculator

Total Investment

$74,681.00

Annual Income

$49.50

Quarterly Income

$12.38

Monthly Income

$4.13

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Frequently Asked Questions

What is MU's current dividend yield?
Micron Technology, Inc. (MU) currently has a dividend yield of 0.07%, based on a stock price of $746.81 and an annual dividend of $0.49.
When is MU's next dividend payment date?
MU's next ex-dividend date is 2026-03-30 and the next payment date is 2026-04-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MU pay in dividends per year?
Micron Technology, Inc. paid $0.46 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MU been increasing its dividend?
Micron Technology, Inc. has grown its dividend at a 5-year CAGR of 0.00% and a 10-year CAGR of 0.00%.
Is MU's dividend safe?
Micron Technology, Inc. has a payout ratio of 2.17%. Its free cash flow payout ratio is 5.13%. A payout ratio below 60% is generally considered sustainable.
How is MU's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Micron Technology, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for technology companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.