Micron Technology, Inc. (MU) Dividend History
Income profile from 1991 to 2025 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
6.1% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 0.6% and trend is unknown.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (11 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Micron Technology, Inc. distributes 6.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 4.4%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
MU has raised its dividend for 1 consecutive year, with a 3-year CAGR of 1.1%.
Total Shareholder Returns
Beyond cash dividends, MU returns capital through share repurchases. The combined picture: 0.1% dividend yield, 0.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.6% and is currently unknown. The 5-year total return is 337.3%, with dividends contributing 2.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $389,835 today.
Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 29, 2025Latest | $0.1150 | — | 15.63% | Jan 14, 2026 |
| Oct 3, 2025 | $0.1150 | — | 24.49% | Oct 21, 2025 |
| Jul 7, 2025 | $0.1150 | — | 38.36% | Jul 22, 2025 |
| Mar 31, 2025 | $0.1150 | — | 52.94% | Apr 15, 2025 |
| Dec 30, 2024 | $0.1150 | — | 53.92% | Jan 15, 2025 |
| Oct 7, 2024 | $0.1150 | — | 44.70% | Oct 23, 2024 |
| Jul 8, 2024 | $0.1150 | — | 35.20% | Jul 23, 2024 |
| Mar 28, 2024 | $0.1150 | — | 39.02% | Apr 16, 2024 |
Dividend Peer Comparison
Peer group: Memory and Storage Semiconductors
Annual Dividend History
37 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.46 | 0.0% | 4 | $7.59 | 6.1% | 16.50x | 0.6% |
| 2024 | $0.46 | 0.0% | 4 | $0.70 | 65.7% | 1.52x | 0.6% |
| 2023 | $0.46 | 3.4% | 4 | $-5.34 | — | — | 0.6% |
| 2022 | $0.45 | 122.5% | 4 | $7.74 | 5.7% | 17.39x | 0.6% |
| 2021 | $0.20 | — | 2 | $5.14 | 3.9% | 25.70x | 0.3% |
| 2020 | $0.00 | — | 0 | $2.37 | — | — | — |
| 2019 | $0.00 | — | 0 | $5.52 | — | — | — |
| 2018 | $0.00 | — | 0 | $11.50 | — | — | — |
| 2017 | $0.00 | — | 0 | $4.41 | — | — | — |
| 2016 | $0.00 | — | 0 | $-0.27 | — | — | — |
See MU's True Return
Price is only half the story. See total return with reinvested dividends.
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See how MU stacks up against sector leader NVIDIA Corporation.
Start ComparisonFrequently Asked Questions
How much dividend does MU pay per share?
Micron Technology, Inc. (MU) pays a trailing 12-month dividend of $0.46 per share, with a current dividend yield of +0.1%. Payments are made Quarterly.
When is MU's next ex-dividend date?
MU's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MU typically pays dividends Quarterly.
Is MU's dividend safe?
MU's dividend safety is rated "Sustainable" based on an earnings payout ratio of +6.1% and FCF payout ratio of +4.4%. The 1-year growth streak provides moderate confidence.
How many years has MU increased its dividend?
MU has 1 consecutive years of dividend growth. The 5-year dividend CAGR is N/A.
How often does MU pay dividends?
Micron Technology, Inc. pays dividends Quarterly. The trailing 12-month total is $0.46 per share. Dividend data on this page covers 34+ years from 1991 to 2025.
How much would $10,000 invested in MU grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MU five years ago would be worth approximately $43,731 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MU's yield on cost for long-term holders?
MU's yield on cost — the current dividend divided by the original purchase price — is +0.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.1% market yield, thanks to the lower original cost basis.