Micron Technology, Inc. (NASDAQ:MU – Get Free Report) declared a quarterly dividend on Wednesday, March 18th. Shareholders of record on Monday, March 30th will be given a dividend of 0.15 per share by the semiconductor manufacturer on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, March 30th. This is a 30.4% increase from Micron Technology’s previous quarterly dividend of $0.12.
Micron Technology has a dividend payout ratio of 4.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Micron Technology to earn $10.67 per share next year, which means the company should continue to be able to cover its $0.46 annual dividend with an expected future payout ratio of 4.3%.
Micron Technology Price Performance
Shares of MU stock opened at $461.73 on Thursday. The stock’s fifty day moving average is $398.74 and its 200-day moving average is $279.79. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The stock has a market capitalization of $519.68 billion, a PE ratio of 43.89 and a beta of 1.50. Micron Technology has a 52 week low of $61.54 and a 52 week high of $471.34.
Key Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Q2 results and upside guidance — Micron reported record fiscal Q2 revenue of ~$23.9B and EPS ~ $12.20, and issued extraordinary Q3 guidance (management indicated ~ $33.5B revenue and very strong gross margins), confirming robust AI-driven demand. Wall Street Breakfast Podcast: Micron Tops, Shares Fall
- Positive Sentiment: Analyst bullishness and price-target lifts — Multiple shops hiked forecasts (Bernstein raised its PT substantially; William Blair reaffirmed/maintained a Buy), supporting a higher consensus valuation on sustained AI memory pricing power. Micron Technology: Buy Rating on Surging Demand, Pricing Power, and Strong Multi‑Year Growth Outlook
- Positive Sentiment: Dividend increase — Micron raised its quarterly payout ~30% to $0.15, signaling confidence in cash generation and returning capital to shareholders (ex-dividend March 30).
- Neutral Sentiment: Product and capacity ramp — Micron said HBM4 and PCIe Gen6 SSDs are in production and it expanded advanced DRAM capacity (positive long-term, but timing and yield ramps matter). Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
- Negative Sentiment: Heavier capex guidance spooks investors — management signaled “meaningfully” higher spending to meet AI demand; markets marked the stock down as higher capex raises near-term dilution of free cash flow and execution risk. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
- Negative Sentiment: Operational/power and geopolitical risks — commentary and market notes flagged potential supply growth, data‑center power constraints and even regional energy disruptions (Qatar incident) as reasons the stock trimmed gains despite the beat. Micron stock: why attack on Qatar’s energy facility is bearish for it
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.
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