How To Earn $500 A Month From Micron Technology Stock After Last Week's Strong Earnings
Portfolio Pulse from Avi Kapoor
Micron Technology, Inc. (NASDAQ:MU) reported better-than-expected Q2 financial results and issued strong Q3 guidance, leading to a 6.3% increase in its stock price to $117.13. Analysts raised price targets following the earnings report. The company's dividend yield is 0.39%, equating to a quarterly dividend of 11.5 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 13,043 shares, valued around $1,527,727.
March 26, 2024 | 11:56 am
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Micron Technology reported strong Q2 results and optimistic Q3 guidance, leading to a stock price increase and higher analyst price targets. The company's dividend yield is 0.39%, with a quarterly dividend of 11.5 cents a share.
Micron's better-than-expected Q2 earnings and strong Q3 guidance have positively impacted its stock price, leading to a 6.3% increase. The positive outlook and analyst upgrades suggest a short-term bullish sentiment for MU. The dividend information provides additional insight into the company's financial health and shareholder return, further supporting the positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100