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Microchip Technology Announces Quarterly Cash Dividend of 45.5 Cents per Share

1. Microchip Technology declared a quarterly cash dividend of 45.5 cents. 2. The dividend is payable on March 7, benefiting stockholders by February 24. 3. Microchip has increased its dividend 83 times since initiating in 2003. 4. The company serves around 112,000 customers across diverse markets. 5. Stable dividend history indicates financial strength and shareholder commitment.

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FAQ

Why Bullish?

A consistent dividend increase typically signals financial health, attracting investors.

How important is it?

Dividend announcements often impact stock perception and future investment decisions.

Why Short Term?

The immediate effect on sentiment may be seen before the dividend date.

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MCHPAVGOTXN
February 06, 2025 16:15 ET  | Source: Microchip Technology Inc. CHANDLER, Ariz., Feb. 06, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on March 7, 2025, to stockholders of record on February 24, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 83 times since then. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve approximately 112,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com. The Microchip logo and name are registered trademarks of Microchip Technology Incorporated. INVESTOR RELATIONS CONTACT: Sajid Daudi -- Head of investor Relations..... (480) 792-7385

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