Micron Technology (MU) raises dividend

Micron Technology (NASDAQ: MU) disclosed:

On May 12, 2022, at its Investor Day presentation, Micron Technology, Inc. (the “Company”) announced its intention to increase its quarterly dividend from $0.10 per share of outstanding Company common stock to $0.115 per share of outstanding Company common stock.

The declaration and payment of any dividend is subject to the approval of the Company’s Board of Directors, and the Company’s dividend may be discontinued or reduced at any time. Future dividends, if any, and their timing and amount, may be affected by, among other factors: the Company’s financial condition, results of operations, capital requirements, business conditions, debt service obligations, contractual restrictions, industry practice, legal requirements, regulatory constraints, and other factors that the Company’s Board of Directors may deem relevant.

You May Also Be Interested In

• Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
• Asbury Automotive Group (ABG) Announces Retirement of Chief Legal Officer
• Spirit Airlines (SAVE) Announces Resignation of Dawn M. Zier from Board