Monolithic Power Systems (MPWR) will raise its quarterly dividend by 33.3 percent from $0.15 to $0.20 per share in 2015. This is the first dividend hike by the company since a quarterly dividend was initiated last year.
Monolithic Power Systems, Inc. (MPS) provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions.