Microchip Technology (MCHP) Declares $0.364 Quarterly Dividend; 1.5% Yield

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Go back to Microchip Technology (MCHP) Declares $0.364 Quarterly Dividend; 1.5% Yield

Microchip Technology Declares Quarterly Cash Dividend of 36.40 Cents Per Share

August 9, 2018 4:15 PM EDT

CHANDLER, Ariz., Aug. 09, 2018 (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 36.40 cents per share.  The dividend is payable on September 4, 2018 to stockholders of record on August 21, 2018.  Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 57 times since its inception.

Microchip produced strong financial results in the June 2018 quarter, including record cash flows from operations, said... More