Microchip Technology Dividend
Dividend criteria checks 5/6
Microchip Technology is a dividend paying company with a current yield of 2.52% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
2.5%
Dividend yield
69%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 22 Aug 24 |
Dividend per share | US$1.816 |
Earnings per share | US$2.55 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454
Aug 06Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45
Feb 15Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.439
Nov 20Recent updates
Downgrade: Here's How Analysts See Microchip Technology Incorporated (NASDAQ:MCHP) Performing In The Near Term
Aug 08Microchip: Cyclical Recovery Got Delayed, But I Still Think It's Near
Aug 06Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454
Aug 06Is It Too Late To Consider Buying Microchip Technology Incorporated (NASDAQ:MCHP)?
Jul 28There's Reason For Concern Over Microchip Technology Incorporated's (NASDAQ:MCHP) Price
Jul 15We Think Microchip Technology (NASDAQ:MCHP) Can Stay On Top Of Its Debt
Jun 04Microchip Technology: A Bottom Is Near
May 29Microchip Technology Incorporated (NASDAQ:MCHP) Just Reported And Analysts Have Been Cutting Their Estimates
May 08Microchip Technology (NASDAQ:MCHP) Could Become A Multi-Bagger
Apr 28Here's Why We Think Microchip Technology (NASDAQ:MCHP) Might Deserve Your Attention Today
Apr 16A Look At The Intrinsic Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Apr 04Some Confidence Is Lacking In Microchip Technology Incorporated's (NASDAQ:MCHP) P/E
Mar 23Microchip: Bullish Stock Price On Analog Market Recovery
Mar 16Should You Think About Buying Microchip Technology Incorporated (NASDAQ:MCHP) Now?
Feb 29Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45
Feb 15Microchip Technology: Revenue Continues To Decline As Inventory Destocking Persists
Feb 12Analysts Just Shaved Their Microchip Technology Incorporated (NASDAQ:MCHP) Forecasts Dramatically
Feb 06Microchip: Still Digesting An Inventory Build Up
Feb 06Is Microchip Technology (NASDAQ:MCHP) A Risky Investment?
Jan 29Why The 26% Return On Capital At Microchip Technology (NASDAQ:MCHP) Should Have Your Attention
Jan 15A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Dec 17Is Now The Time To Put Microchip Technology (NASDAQ:MCHP) On Your Watchlist?
Dec 04Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.439
Nov 20Why Microchip Technology Incorporated (NASDAQ:MCHP) Could Be Worth Watching
Nov 19Microchip Technology (NASDAQ:MCHP) Is Paying Out A Larger Dividend Than Last Year
Nov 06Does Microchip Technology (NASDAQ:MCHP) Have A Healthy Balance Sheet?
Oct 29A Look At The Fair Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Sep 16Upcoming 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) | 2.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Semiconductor) | 0.7% |
Analyst forecast in 3 Years (MCHP) | 2.4% |
Notable Dividend: MCHP's dividend (2.52%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: MCHP's dividend (2.52%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69%), MCHP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48%), MCHP's dividend payments are well covered by cash flows.