Microchip Technology (MCHP) Declares $0.359 Quarterly Dividend; 3.4% Yield

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Microchip Technology Declares Quarterly Cash Dividend Of 35.9 Cents Per Share

February 3, 2016 4:16 PM EST

CHANDLER, Ariz., Feb. 3, 2016 /PRNewswire/ -- (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 35.9 cents per share.  The dividend is payable on March 7, 2016 to stockholders of record on February 22, 2016.  Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 48 times since its inception.

"Microchip generated outstanding... More