Microchip Technology As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
MCHP $1.64 25.0% 41.4% 25.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Semiconductor Products 2.0% 21 17.6% Quarter 2003

Microchip Technology (MCHP) will raise its quarterly dividend by 0.1 percent to $0.362 per share.

The dividend is payable on September 5, 2017 to stockholders of record on August 21, 2017.

"Microchip's financial results in the June 2017 quarter were at record levels and produced an all time high cash flow from operations," said Steve Sanghi, Chief Executive Officer. "Our Board of Directors is pleased to declare an increase in our quarterly cash dividend to a record 36.2 cents per share, which continues to reflect our ongoing commitment to returning value to our stockholders."

Microchip Technology Incorporated is engaged in developing, manufacturing and selling specialized semiconductor products used by its customers for a range of embedded control applications. The company, headquartered in Chandler, Arizona, provides microcontroller, mixed-signal, analog and Flash-IP solutions.