SmarterDividends
MU

Micron Technology, Inc.

MU

Technology · Semiconductors · Stock · quarterly payer

$983.23

Fairly valued · -6% Add to Portfolio

Forward Yield

0.06%

Annual Dividend

$0.60

Payout Ratio

1%

5-Yr Growth

—

Ex-Date

Oct 14, 2026

Frequency

Quarterly

Key facts about MU's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, Micron Technology, Inc. (MU) has a forward dividend yield of 0.06%, based on an annual dividend of $0.60 per share and a share price of $983.23.
  • As of Oct 29, 2026, MU's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • MU has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MU's most recent ex-dividend date was Oct 14, 2026, for a dividend of $0.15 per share.
  • As of Oct 29, 2026, MU pays out 1% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 29, 2026, MU's 0.06% yield is 87% below its five-year average yield of 0.47%.
  • As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for MU is $919.37 per share, 6% below the $983.23 share price, so MU screens as fairly valued.
  • Micron Technology, Inc. (MU) pays its dividend quarterly, 4 times a year.
  • Micron Technology, Inc. (MU) has raised its regular dividend 4 times and cut it 0 times across the 34 payments on record since 1991. Its most recent change was a 30.4% increase to $0.150 per share, going ex-dividend on Mar 30, 2026.
Cite this page

SmarterDividends, "MU Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/MU

Summary

As of Oct 29, 2026, Micron Technology, Inc. (MU) yields 0.06% ($0.60 a year per share) and has a dividend safety grade of A (86/100).

Is MU a good dividend stock?

Yes

Micron Technology, Inc. (MU) pays a quarterly dividend yielding 0.06% ($0.60/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%)
  • 945% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.06%
Payout Ratio
1%
Annual Dividend
$0.60
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 14, 2026
Years of Growth
0
Frequency
quarterly
Beta
2.23
Market Cap
$1.1T
P/E Ratio
13.2
5-Yr Total Return
945%
52-Week Range
$192.59 – $1,255.00
Dividend Safety
A · 86/100
Ever Cut?
No

MU dividend raises and cuts

Micron Technology, Inc. (MU) has raised its regular dividend 4 times and cut it 0 times across the 34 payments on record since 1991. Its most recent change was a 30.4% increase to $0.150 per share, going ex-dividend on Mar 30, 2026.

Ex-dateChangeOld → newMove
Mar 30, 2026Raise$0.115 → $0.150+30.4%
Jul 8, 2022Raise$0.100 → $0.115+15.0%
Mar 30, 1995Raise$0.0125 → $0.0250+100.0%
Apr 26, 1994Raise$0.0050 → $0.0125+150.0%
Every MU payment →Download every raise and cut (CSV)
MU ex-dividend date & scheduleNext ex-date Oct 14, 2026 · full ex-dividend historyView →MU dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MU a good dividend stock?

Yes. Micron Technology, Inc. (MU) pays a quarterly dividend yielding 0.06% ($0.60/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.

Is MU undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MU's fair value is about $919.37 versus a $983.23 share price — so it looks fairly valued (-6% vs. fair value).

Is MU's dividend safe?

MU has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MU's fair value?

Our blended fair-value estimate for MU is about $919.37 per share, about 6% below the current $983.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MU a buy, hold, or sell?

We don't issue formal ratings, but on the data MU screens as "yes" and fairly valued. Micron Technology, Inc. (MU) pays a quarterly dividend yielding 0.06% ($0.60/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. This is research for your own analysis, not investment advice.

Will MU cut its dividend?

MU earns a dividend-safety grade of A (86/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MU pay a dividend?

Yes. Micron Technology, Inc. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 0.06%.

What is MU's dividend yield?

As of Oct 29, 2026, MU's forward dividend yield is 0.06%, based on a $0.60 annual dividend and a $983.23 share price.

What is MU's dividend per share?

As of Oct 29, 2026, MU pays $0.60 per share per year, distributed on a quarterly basis.

What is MU's dividend payout ratio?

As of Oct 29, 2026, MU's payout ratio is 1% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MU grown its dividend?

MU does not currently have a long dividend-growth streak on record.

When is the next MU ex-dividend date?

As of Oct 29, 2026, MU's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $0.15 per share.

Income Calculator

At $0.60 / yr per share

Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00

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