Microchip Technology Incorporated Stock Dividends
MCHP pays dividends quarterly. Last paid amount was $0.450 at Mar 08, 2024. As of today, dividend yield (TTM) is 2.04%.
Dividend Yield Range
AI Analysis of MCHP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.04% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 17.49% |
| Payout Ratio | 0 |
| Amount Per Share | $0.450 |
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Microchip Technology Incorporated has not yet announced its next dividend date. Last payment date was: Mar 08, 2024.
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MCHP Dividend Payout History
To ensure a understanding of MCHP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 01, 2024 | Feb 22, 2024 | Mar 08, 2024 | $0.450 | 0.507% |
| 2 | Nov 02, 2023 | Nov 21, 2023 | Dec 06, 2023 | $0.440 | 0.526% |
| 3 | Aug 03, 2023 | Aug 21, 2023 | Sep 05, 2023 | $0.410 | 0.503% |
| 4 | May 04, 2023 | May 19, 2023 | Jun 05, 2023 | $0.383 | 0.509% |
| 5 | Feb 02, 2023 | Feb 17, 2023 | Mar 07, 2023 | $0.358 | 0.436% |
| 6 | Nov 03, 2022 | Nov 21, 2022 | Dec 06, 2022 | $0.328 | 0.437% |
| 7 | Aug 02, 2022 | Aug 18, 2022 | Sep 02, 2022 | $0.301 | 0.467% |
| 8 | May 09, 2022 | May 19, 2022 | Jun 03, 2022 | $0.276 | 0.387% |
| 9 | Feb 03, 2022 | Feb 18, 2022 | Mar 08, 2022 | $0.253 | 0.369% |
| 10 | Nov 04, 2021 | Nov 18, 2021 | Dec 03, 2021 | $0.232 | 0.272% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
MCHP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MCHP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MCHP stock here.
Comparing MCHP to Sector and Country
MCHP pays a solid dividend yield of 2.04%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.372%). MCHP’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.30%), which means that there are more attractive dividend stocks to consider.
MCHP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Ericsson | 17.353B | $0.129 | 5.13% | -35.84% | |
| Microchip Technology Incorporated | 49.829B | $0.450 | 2.04% | 36.71% | |
| NXP Semiconductors N.V. | 60.971B | $1.01 | 1.93% | 35.97% | |
| Analog Devices | 98.16B | $0.92 | 1.83% | 61.07% | |
| Cognizant Technology Solutions Corporation | 33.283B | $0.300 | 1.66% | 27.80% | |
| KLA Corporation | 95.51B | $1.45 | 1.27% | 21.37% | |
| Autodesk | 46.291B | $0.0150 | 0% | - |
