Micron Technology, Inc.
MUTechnology · Stock · quarterly payer
Forward Yield
0.05%
Annual Dividend
$0.53
Payout Ratio
1%
5-Yr Growth
—
Ex-Date
Jul 6, 2026
Frequency
Quarterly
Summary
As of September 2026, Micron Technology, Inc. (MU) yields 0.05% ($0.53 per share annually), with a blended fair-value estimate of $1,150.21 — +18% upside, so it screens as undervalued. Dividend safety grade: A (92/100).
Is MU a good dividend stock?
YesMicron Technology, Inc. (MU) pays a quarterly dividend yielding 0.05% ($0.53/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (1%)
- 1274% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.05%
- Payout Ratio
- 1%
- Annual Dividend
- $0.53
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 6, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 2.22
- Market Cap
- $1.1T
- P/E Ratio
- 22.0
- 5-Yr Total Return
- 1274%
- 52-Week Range
- $154.65 – $1,255.00
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
MU Price — Last 12 Months
Daily close
Price Return
1 Year
+483%
3 Years
+1334%
5 Years
+1274%
52-Week Range
$154.65 – $1,255.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MU worth?
Undervaluedlow confidenceOur blended fair-value estimate for Micron Technology, Inc. is $1,150.21 per share, versus a market price of $975.26. That implies 18% of upside — a margin of safety of about 15%.
Fair Value
$1,150.21
Current Price
$975.26
Upside
+18%
Margin of Safety
15%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 9.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 9.9% stage-1 growth, 2.5% terminal growth, $44.28 EPS, $0.53 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MU Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 6, 2026 | — | $0.1500 | regular |
| Mar 30, 2026 | — | $0.1500 | regular |
| Dec 29, 2025 | — | $0.1150 | regular |
| Oct 3, 2025 | — | $0.1150 | regular |
| Jul 7, 2025 | — | $0.1150 | regular |
| Mar 31, 2025 | — | $0.1150 | regular |
| Dec 30, 2024 | — | $0.1150 | regular |
| Oct 7, 2024 | — | $0.1150 | regular |
| Jul 8, 2024 | — | $0.1150 | regular |
| Mar 28, 2024 | — | $0.1150 | regular |
| Dec 29, 2023 | — | $0.1150 | regular |
| Oct 6, 2023 | — | $0.1150 | regular |
| Jul 7, 2023 | — | $0.1150 | regular |
| Apr 6, 2023 | — | $0.1150 | regular |
Income Calculator
At $0.53 / yr per share
