Shares of Micron Technology, Inc. (NASDAQ:MU) settled lower on Monday after climbing higher the previous week.
On Sept. 25, Micron reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The company reported fourth-quarter adjusted earnings of $1.18 per share, beating analyst estimates of $1.13 per share, according to Benzinga Pro.
With the recent buzz around Micron, some investors may be eyeing potential gains from the company's dividends too. Micron currently offers an annual dividend yield of 0.44%, which is a quarterly dividend amount of 11.5 cents per share (46 cents a year).
To figure out how to earn $500 monthly from Micron, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and ...
