Microchip Technology (MCHP) Declares $0.3665 Quarterly Dividend; 1.5% Yield

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3665 per share, or $1.466 annualized.

The dividend will be payable on December 5, 2019, to stockholders of record on November 21, 2019, with an ex-dividend date of November 20, 2019.

The annual yield on the dividend is 1.5 percent.

“Microchip had reasonably good financial performance in the September 2019 quarter in spite of a difficult economic environment,” said Steve Sanghi, Chief Executive Officer. “Our Board is pleased to declare an increase in our quarterly dividend to a record 36.65 cents per share, which continues to reflect our ongoing commitment to returning value to our stockholders.”

For a dividend history and other dividend-related data on Microchip Technology (MCHP) click here.

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