Microchip Technology (MCHP) Declares $0.3575 Quarterly Dividend; 3% Yield
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Microchip Technology Declares Quarterly Cash Dividend Of 35.75 Cents Per Share
May 7, 2015 4:07 PM EDTCHANDLER, Ariz., May 7, 2015 /PRNewswire/ --Â (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 35.75 cents per share. The dividend is payable on June 4, 2015 to stockholders of record on May 21, 2015. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 45 times since its inception.
"Microchip once again... More
Microchip Technology To Acquire Micrel
May 7, 2015 4:06 PM EDTCHANDLER, Ariz. and SAN JOSE, Calif., May 7, 2015 /PRNewswire/ -- Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Micrel, Incorporated (NASDAQ: MCRL) today announced that Microchip has signed a definitive agreement to acquire Micrel for $14.00 per share. Micrel shareholders may elect to receive the purchase price in either cash or shares of Microchip common stock.  The acquisition price represents a total equity value of about $839 million, and a total enterprise value of about $744 million, after excluding Micrel's cash and... More
