Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share
Rhea-AI Summary
Microchip Technology (NASDAQ: MCHP) has declared a quarterly cash dividend of 45.5 cents per share on its common stock. The dividend will be paid on June 5, 2025, to stockholders of record as of May 22, 2025. The company has been consistently paying quarterly dividends since the third quarter of fiscal year 2003.
Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions. The company serves approximately 109,000 customers across various sectors including industrial, automotive, consumer, aerospace and defense, communications, and computing markets.
Positive
- Consistent dividend payment history since 2003, demonstrating financial stability
- Large customer base of 109,000 across diverse market sectors
- Maintains strong market presence in embedded control solutions
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MCHP gained 12.60%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHANDLER, Ariz., May 08, 2025 (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 45.5 cents per share. The dividend is payable on June 5, 2025, to stockholders of record on May 22, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003.
About Microchip:
Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve approximately 109,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.
The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.
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