In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MU is likely to continue, and whether the current estimated yield of 0.16% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MU shares, versus its 200 day moving average:
Looking at the chart above, MU's low point in its 52 week range is $61.54 per share, with $471.34 as the 52 week high point — that compares with a last trade of $367.79.
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According to the ETF Finder at ETF Channel, MU makes up 16.43% of the First Trust Nasdaq Semiconductor ETF (Symbol: FTXL) which is trading lower by about 2.2% on the day Thursday. (see other ETFs holding MU).
In Thursday trading, Micron Technology Inc. shares are currently down about 3.8% on the day.
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Also see:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
