Micron markets its products through its direct sales force, independent sales representatives, distributors and retailers, as well as a web-based customer direct sales channel and through channel and distribution partners.
Shareholders receive a 0.70% yield, but the per-share dividend is expected to $0.12 from $0.115.
The Rosenblatt Securities target price for Micron Technology stock is $100. The consensus target is $72.55, and shares closed on Monday at $65.45.
Worthington Industries
Shares of this top company have been on a solid run since last year, and they look poised to trade even higher. Worthington Industries Inc. (NYSE: WOR) an industrial manufacturing company focused on value-added steel processing and manufactured metal products in North America and internationally.
Its Steel Processing segment processes flat-rolled steel for customers primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, heavy-truck, HVAC, lawn and garden, leisure and recreation, office furniture and office equipment markets. The company also processes steel for steel mills, large end-users, service centers, and other processors.
The Consumer Products segment sells tools, outdoor living and celebrations products under the Coleman, Bernzomatic, Balloon Time, Mag Torch, General, Garden-Weasel, Pactool International and Hawkeye brand names. The Building Products segment provides commercial and residential construction products, water systems and heating and cooling solutions.
The Sustainable Energy Solutions segment offers on-board fueling systems and services, as well as gas containment solutions and services for the storage, transport and distribution of industrial gasses, hydrogen ecosystem and compressed natural gas.
Investors now receive a 1.85% yield. The $0.28 per share is expected to increase to $0.31.
Macroaxis has a Strong Buy rating but no price target. The consensus target is $60, but Worthington Industries stock was last seen on Monday trading at $61.37.
Four top companies with stocks rated Buy across Wall Street are expected to lift the dividends they pay to shareholders. Not only is increasing dividends and returning capital to investors important, but it also shows that the company is doing well and has the earnings and cash flow strength to increase the payouts.
Originally published at 24/7 Wall St.
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