Microchip Technology (MCHP) Raises Quarterly Dividend 5.8% to $0.437; 1.2% Yield
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Microchip Technology Declares Quarterly Cash Dividend Increase to 43.7 Cents Per Share
August 3, 2021 4:15 PM EDTCHANDLER, Ariz., Aug. 03, 2021 (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 43.7 cents per share. The dividend is payable on September 3, 2021 to stockholders of record on August 20, 2021. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 68 times since its inception.
Microchips financial performance in the June 2021 quarter was very strong resulting in significant cash generation... More
