Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3670; 1.4% Yield

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Go back to Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3670; 1.4% Yield

Microchip Technology Declares Quarterly Cash Dividend of 36.70 Cents Per Share

February 4, 2020 4:10 PM EST

CHANDLER, Ariz., Feb. 04, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 36.70 cents per share.  The dividend is payable on March 6, 2020 to stockholders of record on February 21, 2020.  Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 62 times since its inception.

Microchips financial performance in the December 2019 quarter was excellent in the backdrop of an uncertain economic... More