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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Micron Technology, Inc. (MU) pays a $0.57 annual dividend ($0.15 quarterly), yielding 0.06% at $931.24/share. Next ex-dividend date 2026-10-14. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.06%
Annual Dividend: $0.57 per share
Payout Ratio: 0.7%
Ex-Dividend Date: 2026-10-14
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 12
Micron Technology, Inc. dividend sits at just $0.53 per share annually, reflecting the company's position as a semiconductor memory and storage maker rather than a traditional income stock. MU pays quarterly, with the last dividend of $0.15 per share and an ex-dividend date of July 6, 2026. The current yield is 0.05%, a figure that places this squarely in income-light territory. Investors drawn to MU stock are typically chasing growth in DRAM, NAND, and data center memory demand, not yield.
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 is not under pressure from the current rate alone. Micron Technology, Inc. dividend safety is supported structurally by the breadth of its end markets, spanning cloud servers, mobile devices, automotive systems, and consumer electronics, which diversifies revenue exposure. The most significant risk factor the data shows is a beta of 2.222, meaning MU stock swings hard with the market, and a sharp earnings downturn in the cyclical semiconductor industry could still pressure the payout even at this low rate.
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 window (2026 is a partial year and excluded from the CAGR calculation, per Micron Technology, Inc. dividend 2026 data). The largest annual increase in the window was 256.0% in 2022, which reflects how lumpy growth has been rather than a smooth upward trend. MU has now posted five consecutive years of dividend increases.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +1.1% | $0.45 (2022) | $0.46 (2025) |
For dividend investors, Micron Technology, Inc. is a low-yield, low-payout stock in a high-volatility sector. The yield classification is low (below 2%), and at 0.05%, the current yield sits only marginally above the 5-year average of 0.04%, so there is no meaningful income advantage at the current price. The 1.1% payout ratio means the dividend consumes almost nothing of earnings, which keeps it well-covered but also signals that income generation is not the company's priority. What an investor gets here is a dividend that has grown for five consecutive years at a 7.4% long-term CAGR, paired with a beta of 2.222 that makes the ride volatile. The trade-off is clear: minimal current income, high price swings, and growth-oriented capital allocation.
| 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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