Micron Technology Hikes Its Dividend 30% Due to Surging FCF – MU Is Worth 34% More – What’s the Best Play?

Micron Technology Inc (MU) reported a massive increase in fiscal Q2 free cash flow (FCF). As a result, management raised the quarterly dividend per share (DPS) by 30% to 15 cents ($0.60 annual rate). As a result, MU stock is worth 34% more at $567 pe... [5390 chars]