Microchip Technology (MCHP) Raises Quarterly Dividend 6.2% to $0.232; 1.1% Yield
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Microchip Technology Declares Quarterly Cash Dividend Increase of 25.9% Year-Over-Year
November 4, 2021 4:15 PM EDTCHANDLER, Ariz., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that on November 2, 2021, its Board of Directors declared a quarterly cash dividend on its common stock of 23.2 cents per share. The dividend is payable on December 3, 2021, to stockholders of record on November 19, 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 September 2021 quarter was very strong, resulting in significant cash generation and debt reduction, said Steve... More
