Microchip Technology (MCHP) Declares $0.3615 Quarterly Dividend; 1.9% Yield

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Go back to Microchip Technology (MCHP) Declares $0.3615 Quarterly Dividend; 1.9% Yield

Microchip Technology Declares Quarterly Cash Dividend of 36.15 Cents Per Share

May 9, 2017 4:15 PM EDT

CHANDLER, Ariz., May 09, 2017 (GLOBE NEWSWIRE) -- (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 36.15 cents per share.  The dividend is payable on June 6, 2017 to stockholders of record on May 23, 2017.  Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 52 times since its inception.

Microchips financial results in the March 2017 quarter were outstanding with cash flow from operations being at... More