Microchip Technology's most recent quarterly dividend payment of $0.41 per share was made to shareholders on record before Aug 21, 2023. The payout stands at $1.48 per share annually, which works out to a dividend yield of 1.89%. The latest MCHP stock dividend of $0.41 is an increase from the previous $0.383 distribution, representing a growth of 7%.
Microchip Technology's dividend yield of 1.89% is higher than the Technology sector and the industry average. But in comparison with the Technology sector average of 1.86%, Microchip Technology's dividend yield is only 1.6% higher. Historically MCHP's dividend yield has averaged at 1.4% in the last 5 years, which is lower than the current one.
Microchip Technology has been paying dividends for the last 21 years. According to our data MCHP has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 39% for the last year. And since the stock price has gone up by 28% from a year ago, the dividend yield marks an increase of 9%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 21, 2023 | Sep 5, 2023 | Aug 3, 2023 | $0.41 | normal |
May 19, 2023 | Jun 5, 2023 | May 4, 2023 | $0.383 | normal |
Feb 17, 2023 | Mar 7, 2023 | Feb 2, 2023 | $0.358 | normal |
Nov 21, 2022 | Dec 6, 2022 | Nov 3, 2022 | $0.328 | normal |
Aug 18, 2022 | Sep 2, 2022 | Aug 2, 2022 | $0.301 | normal |
May 19, 2022 | Jun 3, 2022 | May 9, 2022 | $0.276 | normal |
Feb 18, 2022 | Mar 8, 2022 | Feb 3, 2022 | $0.253 | normal |
Nov 18, 2021 | Dec 3, 2021 | Nov 2, 2021 | $0.232 | normal |
Aug 19, 2021 | Sep 3, 2021 | Aug 3, 2021 | $0.109 | normal |
May 20, 2021 | Jun 4, 2021 | May 6, 2021 | $0.103 | normal |
Feb 19, 2021 | Mar 8, 2021 | Feb 4, 2021 | $0.098 | normal |
Nov 19, 2020 | Dec 4, 2020 | Nov 5, 2020 | $0.092 | normal |
Aug 20, 2020 | Sep 4, 2020 | Aug 4, 2020 | $0.092 | normal |
May 20, 2020 | Jun 4, 2020 | May 7, 2020 | $0.092 | normal |
Feb 20, 2020 | Mar 6, 2020 | Feb 4, 2020 | $0.092 | normal |
Nov 20, 2019 | Dec 5, 2019 | Nov 5, 2019 | $0.092 | normal |
Aug 20, 2019 | Sep 4, 2019 | Aug 6, 2019 | $0.092 | normal |
May 20, 2019 | Jun 4, 2019 | May 7, 2019 | $0.092 | normal |
Feb 20, 2019 | Mar 7, 2019 | Feb 5, 2019 | $0.091 | normal |
Nov 20, 2018 | Dec 5, 2018 | Nov 7, 2018 | $0.091 | normal |
Aug 20, 2018 | Sep 4, 2018 | Aug 9, 2018 | $0.091 | normal |
May 18, 2018 | Jun 4, 2018 | May 8, 2018 | $0.091 | normal |
Feb 20, 2018 | Mar 6, 2018 | Feb 6, 2018 | $0.091 | normal |
Nov 20, 2017 | Dec 5, 2017 | Nov 6, 2017 | $0.091 | normal |
Aug 17, 2017 | Sep 5, 2017 | Aug 3, 2017 | $0.091 | normal |
May 19, 2017 | Jun 6, 2017 | May 9, 2017 | $0.091 | normal |
Feb 16, 2017 | Mar 7, 2017 | Feb 7, 2017 | $0.09 | normal |
Nov 17, 2016 | Dec 5, 2016 | Nov 7, 2016 | $0.09 | normal |
Aug 18, 2016 | Sep 6, 2016 | Aug 8, 2016 | $0.09 | normal |
May 19, 2016 | Jun 6, 2016 | May 4, 2016 | $0.09 | normal |
Feb 18, 2016 | Mar 7, 2016 | Feb 3, 2016 | $0.09 | normal |
Nov 18, 2015 | Dec 4, 2015 | Nov 4, 2015 | $0.09 | normal |
Sep 9, 2015 | Sep 25, 2015 | Aug 3, 2015 | $0.09 | normal |
Microchip Technology's payout ratio of 33.8% is above the Technology sector average but below the industry average. But compared to its Technology sector average of 32.6%, Microchip Technology's payout ratio is only 3.7% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
TXN Texas Instruments Inc | 3.14% | $4.96 | 58.9% |
ADI Analog Devices Inc | 1.92% | $3.34 | 45.1% |
MCHP Microchip Technology Inc | 1.91% | $1.48 | 33.8% |
Yes, Microchip Technology has been paying dividends for the last 21 years.
Currently MCHP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Microchip Technology's last dividend ex-date was on Aug 21, 2023. The dividend amount was $0.41 per share.
On an annual basis MCHP pays $1.48 per share.
The current dividend yield of Microchip Technology is 1.89%.
Microchip Technology pays dividends quarterly.
Microchip Technology's dividend payout ratio is 33.8%.
Microchip Technology's dividend yield is in line with the Technology sector average.