How To Earn $500 A Month From Micron Stock Ahead Of Q3 Earnings Report
Portfolio Pulse from Avi Kapoor
Micron Technology, Inc. (NASDAQ:MU) is set to release its Q3 earnings report, with analysts expecting a significant improvement in earnings per share and revenue. Rosenblatt analyst Hans Mosesmann has maintained a Buy rating with a $225 price target. Micron offers a modest annual dividend yield of 0.33%, translating to a quarterly dividend of 11.5 cents per share. The article also provides calculations for investors aiming to earn $500 or $100 monthly from dividends.
June 26, 2024 | 12:00 pm
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Micron Technology is expected to report improved Q3 earnings, with analysts projecting 48 cents per share and $6.23 billion in revenue. Rosenblatt maintains a Buy rating with a $225 price target. The stock offers a modest dividend yield of 0.33%.
The expected improvement in earnings and revenue, along with a Buy rating and high price target from Rosenblatt, are likely to positively impact Micron's stock price in the short term. The modest dividend yield adds a small but steady income stream for investors.
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