Susquehanna Cuts Price Target on Microchip Technology (MCHP) Following 1Q EPS Miss

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Microchip Technology (MCHP) Declares $0.3588 Quarterly Dividend; 3.4% Yield

August 3, 2015 4:49 PM EDT

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3588 per share, or $1.4352 annualized.

The dividend will be payable on September 25, 2015, to stockholders of record on September 11, 2015, with an ex-dividend date of September 9, 2015.

The annual yield on the dividend is 3.4 percent.

For a... More

Microchip Technology (MCHP) Misses Q1 EPS by 2c; Issues Light Q2 Outlook

August 3, 2015 4:48 PM EDT

Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $0.69, $0.02 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $534 million versus the consensus estimate of $556.86 million.

Microchip Technology sees Q2 2016 EPS of $0.58-$0.66, versus the consensus of $0.76. Microchip Technology sees Q2 2016... More