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How To Earn $500 A Month From Micron Technology Stock Ahead Of Q2 Earnings
MUMicron Technology(MU) Benzinga·2025-03-20 12:32

Financial Performance - Micron Technology is set to release its second-quarter financial results on March 20, with analysts expecting earnings of 1.42pershare,asignificantincreasefrom42centspershareinthesameperiodlastyear[1]−Thecompanyprojectsquarterlyrevenueof1.42 per share, a significant increase from 42 cents per share in the same period last year [1] - The company projects quarterly revenue of 7.9 billion, compared to 5.82billionayearearlier[1]AnalystRatings−UBSanalystTimothyArcurihasmaintainedaBuyratingforMicronTechnologyandraisedthepricetargetfrom5.82 billion a year earlier [1] Analyst Ratings - UBS analyst Timothy Arcuri has maintained a Buy rating for Micron Technology and raised the price target from 125 to 130[2]DividendInformation−Microncurrentlyoffersanannualdividendyieldof0.45130 [2] Dividend Information - Micron currently offers an annual dividend yield of 0.45%, translating to a quarterly dividend of 12 cents per share, or 46 cents annually [2] - To achieve a monthly income of 500 from dividends, an investor would need to own approximately 13,043 shares, equating to a total investment of about 1,331,169[3][4]−Foramoreconservativemonthlyincomegoalof1,331,169 [3][4] - For a more conservative monthly income goal of 100, an investor would need 2,609 shares, requiring an investment of approximately 266,275[4]DividendYieldDynamics−Thedividendyieldiscalculatedbydividingtheannualdividendpaymentbythecurrentstockprice,whichcanfluctuatebasedonchangesinstockpriceanddividendpayments[5][6]−Forexample,ifastock′spriceincreases,thedividendyielddecreases,andviceversa[5]StockPerformance−Micron′ssharesgained0.3266,275 [4] Dividend Yield Dynamics - The dividend yield is calculated by dividing the annual dividend payment by the current stock price, which can fluctuate based on changes in stock price and dividend payments [5][6] - For example, if a stock's price increases, the dividend yield decreases, and vice versa [5] Stock Performance - Micron's shares gained 0.3% to close at 102.06 on Wednesday [6]