DIVIDEND ANNOUNCEMENT: Microchip Technology Inc (NASDAQ:MCHP) on 05/04/2023 declared a dividend of $0.3830 per share

Microchip Technology Inc (NASDAQ:MCHP) on 05/04/2023 declared a dividend of $ 0.3830 per share payable on June 05, 2023 to shareholders of record as of May 22, 2023. Dividend amount recorded is an increase of $ 0.025 from last dividend Paid.

Microchip Technology Inc (NASDAQ:MCHP) has paid dividends since 2002, has a current dividend yield of 2.0065572262% and has increased its dividends for 11 successive years.

Microchip Technology Inc's market cap is $ 41,769,445,000 and has a PE ratio of 20.66. The stock price closed yesterday at $ 76.25 and has a 52 week low/high of $ 54.33 and $ 87.76.

Microchip Technology develops, manufactures and sells smart, connected and secure embedded control solutions. Co.'s product portfolio is a Total System Solution (TSS) for its customers that can provide a portion of the silicon requirements in their applications. TSS is a combination of hardware, software and services. Co. provides a family of proprietary general purpose microcontroller products marketed under multiple brand names. Co. also provides other microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity and wireless connectivity applications.

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