Micron Technology Dividend yield

Micron Technology is part of Technology Hardware and Equip. business, which is part of Technology industry. Micron Technology is a company from USA, and his stocks are publicly traded.

Micron Technology paid a total dividend of 514 million USD last year, for a market value of 63,144 millions (Market Cap 62,978 millions). Dividend per share of Micron Technology is 0.46 USD, and his stock market price 56.53 USD.

According to the chart below, where dividend yield is displayed, Micron Technology has a dividend yield of 0.81%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Micron Technology dividend yield with other Technology Hardware and Equip. companies or firms from USA.

Micron Technology Dividend Payout

About the ability of Micron Technology to maintain his current dividend of USD 0.46 per share, an amount that accounts for 0.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Micron Technology payout on ernings is currently 8.63%, which is lower than the market average and companies of Technology industry, which are 40.22% and 34.27% respectively. Both figures lead us to believe that there is confidence that Micron Technologycan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Micron Technology is USD 11.08 per share, which is higher than the dividend per share paid by the company of USD 0.46, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Micron Technology, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

Micron Technology Dividend History

Year	Yield	USD	Paypout	Shares*
Present	0.81%	0.46	8.63%	1,117
2021	0.21%	0.20	3.78%	1,121
2020	0.00%	0.00	0.00%	1,112
2019	0.00%	0.00	0.00%	1,107
2018	0.00%	0.00	0.00%	1,134
2017	0.00%	0.00	0.00%	1,153
2016	0.00%	0.00	0.00%	1,038
2015	0.00%	0.00	0.00%	1,082

*In millions

Micron Technology Stock performance

Finally, last moth Micron Technology showed a return of -8.60% compared to a worldwide -0.44% average, and a -1.67% of Technology firms. Over the last year, the company obtained a -23.30% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.