Microchip Technology's most recent dividend payment of $0.454 per share was made to shareholders on record before Aug 22, 2024. The payout stands at $1.8 per share annually, which works out to a dividend yield of 2.7%. The latest MCHP stock dividend of $0.454 is an increase from the previous $0.452 distribution, representing a growth of 0.4%.
Microchip Technology's dividend yield of 2.7% is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 1.66%, Microchip Technology's dividend yield is 63% higher. Historically MCHP's dividend yield has averaged at 1.5% in the last 5 years, which is lower than the current one.
Microchip Technology has been paying dividends for the last 22 years. According to our data MCHP has issued three dividends in the last twelve months. The annualized DPS marks an increase of 13% for the last year. And since the stock price has gone down by 19% from a year ago, the dividend yield marks an increase of 40%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 22, 2024 | $0.454 | 2.25% |
May 21, 2024 | $0.452 | 1.83% |
Feb 22, 2024 | $0.45 | 2% |
Nov 21, 2023 | $0.439 | 1.93% |
Aug 21, 2023 | $0.41 | 1.84% |
May 19, 2023 | $0.383 | 1.76% |
Feb 17, 2023 | $0.358 | 1.52% |
Nov 21, 2022 | $0.328 | 1.6% |
Aug 18, 2022 | $0.301 | 1.46% |
May 19, 2022 | $0.276 | 1.48% |
Feb 18, 2022 | $0.253 | 1.27% |
Nov 18, 2021 | $0.232 | 1.02% |
Aug 19, 2021 | $0.219 | 1.12% |
May 20, 2021 | $0.207 | 1.02% |
Feb 19, 2021 | $0.195 | 0.92% |
Nov 19, 2020 | $0.184 | 1.15% |
Aug 20, 2020 | $0.184 | 1.4% |
May 20, 2020 | $0.184 | 1.61% |
Feb 20, 2020 | $0.184 | 1.35% |
Nov 20, 2019 | $0.183 | 1.61% |
Aug 20, 2019 | $0.183 | 1.64% |
May 20, 2019 | $0.183 | 1.83% |
Feb 20, 2019 | $0.183 | 1.63% |
Nov 20, 2018 | $0.182 | 1.99% |
Aug 20, 2018 | $0.182 | 1.76% |
May 18, 2018 | $0.182 | 1.56% |
Feb 20, 2018 | $0.182 | 1.71% |
Nov 20, 2017 | $0.181 | 1.58% |
Aug 17, 2017 | $0.181 | 1.77% |
May 19, 2017 | $0.181 | 1.8% |
Feb 16, 2017 | $0.181 | 2.01% |
Nov 17, 2016 | $0.18 | 2.2% |
Aug 18, 2016 | $0.18 | 2.93% |
May 19, 2016 | $0.18 | 3.01% |
Feb 18, 2016 | $0.18 | 3.41% |
Nov 18, 2015 | $0.179 | 3.05% |
Sep 9, 2015 | $0.179 | 3.22% |
May 19, 2015 | $0.179 | 2.95% |
Feb 19, 2015 | $0.179 | 2.82% |
Microchip Technology's payout ratio of 122.9% is above the Technology sector and the industry average. Compared to its Technology sector average of 41.7%, Microchip Technology's payout ratio is 195% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MCHP Microchip Technology Inc | 2.7% | $1.8 | 122.9% |
TXN Texas Instruments Inc | 2.65% | $5.26 | 97% |
ADI Analog Devices Inc | 1.69% | $3.62 | 108.4% |
STM ST Microelectronics | 1.22% | $0.3 | 11.8% |
Yes, Microchip Technology has been paying dividends for the last 22 years.
Microchip Technology's last dividend ex-date was on Aug 22, 2024. The dividend amount was $0.454 per share.
On an annual basis MCHP pays $1.8 per share.
The current dividend yield of Microchip Technology is 2.7%.
Microchip Technology pays dividends quarterly.
Microchip Technology's dividend payout ratio is 122.9%.
Microchip Technology's dividend yield is higher than the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.