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Data last updated: Aug 31, 2026
Snapshot (as of Aug 31, 2026): Micron Technology, Inc. (MU) pays a $0.53 annual dividend ($0.15 quarterly), yielding 0.06% at $949.71/share. Next ex-dividend date 2026-07-06. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.06%
Annual Dividend: $0.53 per share
Payout Ratio: 1.1%
Ex-Dividend Date: 2026-07-06
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 12
Micron Technology, Inc. dividend sits at just $0.53 per share annually, reflecting a company that prioritizes reinvestment over income distribution. The current yield is 0.06%, a figure that places MU firmly in the low-yield category for dividend investors. Micron pays quarterly, with the last dividend of $0.15 per share and an upcoming ex-dividend date of July 6, 2026. With a beta of 2.189, MU stock carries high price volatility, making it a poor fit for investors who depend on dividend income for stability.
Micron Technology, Inc. pays out just 1.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves an enormous buffer between earnings and the dividend obligation, meaning the payout itself faces minimal financial pressure at current levels. Micron Technology, Inc. dividend safety is further supported by the breadth of its end markets, spanning cloud servers, mobile devices, automotive systems, and consumer electronics, which diversifies revenue exposure across multiple demand cycles. The most significant pressure factor is the semiconductor memory industry's cyclicality: revenue and earnings can swing sharply, and a severe downturn could compress the earnings base that currently makes the payout look effortless.
Micron Technology, Inc. dividend history shows a CAGR of 7.4% per year from 1994 to 2025. Per-share payments grew from $0.05 to $0.46 over that period (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the available window was 256.0% in 2022, reflecting a sharp step-up from a very low base rather than a sustained acceleration. Growth since 2022 has been flat, with the annual dividend holding at $0.46 per share through 2024 and 2025.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +1.1% | $0.45 (2022) | $0.46 (2025) |
MU stock fits investors who want exposure to a semiconductor leader and are willing to accept a minimal income stream in exchange. The yield is low (below 2%), at 0.06% today, and that is not a temporary dip: the 5-year average yield is 0.05%, so the current level is right in line with MU's historical norm. Five consecutive years of dividend increases show a willingness to grow the payout, but the flat per-share amount since 2022 limits that narrative. What an investor gets here is a deeply covered dividend from a company selling DRAM, NAND, and NOR memory into high-demand markets. What they give up is any meaningful income.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-06 | $0.1500 |
| 2026-03-30 | $0.1500 |
| 2025-12-29 | $0.1150 |
| 2025-10-03 | $0.1150 |
| 2025-07-07 | $0.1150 |
| 2025-03-31 | $0.1150 |
| 2024-12-30 | $0.1150 |
| 2024-10-07 | $0.1150 |
| 2024-07-08 | $0.1150 |
| 2024-03-28 | $0.1150 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.3000 |
| 2025 | $0.4600 |
| 2024 | $0.4600 |
| 2023 | $0.4600 |
| 2022 | $0.4450 |
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