Microchip Technology (MCHP) Declares $0.328 Quarterly Dividend; 2.2% Yield

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Go back to Microchip Technology (MCHP) Declares $0.328 Quarterly Dividend; 2.2% Yield

Microchip Technology Increases Quarterly Cash Dividend 41.4% Year-Over-Year to 32.8 Cents Per Share

November 3, 2022 4:15 PM EDT

CHANDLER, Ariz., Nov. 03, 2022 (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 declared a quarterly cash dividend on its common stock of 32.8 cents per share. The dividend is payable on December 6, 2022, to stockholders of record on November 22, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 72 times since its inception.

Microchips financial performance in the September 2022 quarter was very strong, resulting in solid cash generation and... More