Microchip Technology (MCHP) Tops Q4 EPS by 6c, Offers Q1 Guidance

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Microchip Technology (MCHP) PT Raised to $116 at Stifel on 4Q18 Report; 'Solid Top-Line & Bottom-Line Beat'

May 8, 2018 12:33 PM EDT

Stifel raised its price target on Microchip Technology (NASDAQ: MCHP) to $116.00 (from $112.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Kevin Cassidy notes a positive outlook on the shares, as MCHP reported 2018 fourth quarter earnings per share and... More

Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3635; 1.6% Yield

May 8, 2018 8:10 AM EDT

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3635 per share, or $1.454 annualized. This is a 0.1% increase from the prior dividend of $0.3630.

The dividend will be payable on June 4, 2018, to stockholders of record on May 21, 2018, with an ex-dividend date of May 18, 2018.

The... More