Financial Performance - Micron Technology is set to release its second-quarter financial results on March 20, with analysts expecting earnings of $1.42 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 $5.82 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] 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] - For a more conservative monthly income goal of $100, an investor would need 2,609 shares, requiring an investment of approximately $266,275 [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]