Micron Technology Dividends and Buybacks
Dividend criteria checks 1/6
Micron Technology is a dividend paying company with a current yield of 0.47% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | -8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.460 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MUD has been paying a dividend for less than 10 years.
Growing Dividend: MUD's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Micron Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MUD) | 0.5% |
| Market Bottom 25% (AR) | 0% |
| Market Top 25% (AR) | 0% |
| Industry Average (Semiconductor) | 0% |
| Analyst forecast (MUD) (up to 3 years) | 0.6% |
Notable Dividend: MUD's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the AR market (0.61%).
High Dividend: MUD's dividend (0.47%) is low compared to the top 25% of dividend payers in the AR market (3.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.3%), MUD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (421.5%), MUD's dividend payments are not well covered by cash flows.