Microchip Technology (MCHP) Tops Q2 EPS by 6c, Beats on Revenues; Offers 3Q18 EPS/Revenue Mid-Point Guidance Above Consensus

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Go back to Microchip Technology (MCHP) Tops Q2 EPS by 6c, Beats on Revenues; Offers 3Q18 EPS/Revenue Mid-Point Guidance Above Consensus

Microchip Technology (MCHP) PT Raised to $110 at Jefferies; Buy on Weakness

November 7, 2017 7:29 AM EST

Jefferies raised its price target on Microchip Technology (NASDAQ: MCHP) to $110.00 (from $106.00) while maintaining a Buy rating following its 'beat and raise' qtr.

Analyst Mark Lipacis said while they sense investor concern over "peak-cycle", they think something bigger is going on. They would... More

Microchip Technology (MCHP) Declares $0.3625 Quarterly Dividend; 1.5% Yield

November 6, 2017 4:15 PM EST

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3625 per share, or $1.45 annualized.

The dividend will be payable on December 5, 2017, to stockholders of record on November 21, 2017, with an ex-dividend date of November 20, 2017.

The annual yield on the dividend is 1.5 percent.

For a... More