Micron Technology Inc. (MU) Dividends
MU Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $84.88 | $2.86 | -96.22% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Micron Technology Inc, the DDM model generated by StockNews estimates a return of negative 96.22% in comparison to its current price. Digging deeper, the aspects of Micron Technology Inc's dividend discount model that we found most interesting were:
- In comparison to other stocks in the large-sized revenue class, its discount rate is lower than that of 96.56% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- Regarding its relative worth based on the dividend discount model, MU's provides a return of -96.22% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 1.51% of all stocks we measured with our dividend discount model.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for MU, approximately merely 2.38% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
MU Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-12-29 | Dividend | $0.12 | -- |
| 2023-10-06 | Dividend | $0.12 | -- |
| 2023-07-07 | Dividend | $0.12 | -- |
| 2023-04-06 | Dividend | $0.12 | -- |
| 2022-12-30 | Dividend | $0.12 | -- |
| 2022-10-07 | Dividend | $0.12 | -- |
| 2022-07-08 | Dividend | $0.12 | +15.00% |
| 2022-04-08 | Dividend | $0.10 | -- |
| 2021-12-31 | Dividend | $0.10 | -- |
| 2021-09-30 | Dividend | $0.10 | +300.00% |
| 2000-05-02 | Split | 2-1-for-1 Stock Split | N/A |
| 1996-05-07 | Dividend | $0.05 | -- |
| 1995-12-26 | Dividend | $0.05 | -- |
| 1995-11-08 | Dividend | $0.05 | -- |
| 1995-08-09 | Dividend | $0.05 | -- |
| 1995-05-30 | Dividend | $0.05 | -50.00% |
| 1995-03-30 | Dividend | $0.10 | +100.00% |
| 1994-12-29 | Dividend | $0.05 | -- |
| 1994-09-26 | Dividend | $0.05 | -- |
| 1994-07-19 | Dividend | $0.05 | -- |
| 1994-04-26 | Dividend | $0.05 | -- |
| 1993-11-26 | Dividend | $0.05 | -- |
| 1992-11-27 | Dividend | $0.05 | -- |
| 1991-11-22 | Dividend | $0.05 | -- |
MU Dividends vs. Peers
MU's dividend yield currently ranks #112 of 127 vs. its peers in the Semiconductor & Wireless Chip category.