Microchip Technology Increases Quarterly Cash Dividend 18.0% Year-Over-Year to 45.2 Cents Per Share
CHANDLER, Ariz., May 06, 2024 (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 45.2 cents per share.
- CHANDLER, Ariz., May 06, 2024 (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 45.2 cents per share.
- The dividend is payable on June 5, 2024, to stockholders of record on May 22, 2024.
- Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 81 times since its inception.
- “Today, our Board of Directors approved a year-over-year increase in our dividend of 18.0% to 45.2 cents per share, up from our May 2023 dividend of 38.3 cents per share.