Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3645; 2.1% Yield

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Go back to Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3645; 2.1% Yield

Microchip Technology Declares Quarterly Cash Dividend of 36.45 Cents Per Share

November 7, 2018 4:15 PM EST

CHANDLER, Ariz., Nov. 07, 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 36.45 cents per share.  The dividend is payable on December 5, 2018 to stockholders of record on November 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.

Microchips financial results in the September 2018 quarter were strong, including record cash flows from operations, said Steve... More