Microchip Technology Dividends and Buybacks
Dividend criteria checks 4/6
Microchip Technology is a dividend paying company with a current yield of 2.79%. Next payment date is on 6th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.8%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -4.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | €1.820 |
| Payout ratio | 124% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCHP's dividends per share have been stable in the past 10 years.
Growing Dividend: MCHP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Microchip Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCHP) | 2.8% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast (MCHP) (up to 3 years) | 3.3% |
Notable Dividend: MCHP's dividend (2.79%) is higher than the bottom 25% of dividend payers in the Austrian market (2.06%).
High Dividend: MCHP's dividend (2.79%) is low compared to the top 25% of dividend payers in the Austrian market (6.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.6%), MCHP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.7%), MCHP's dividend payments are covered by cash flows.