Microchip Technology Increases Quarterly Cash Dividend 3.6% Year-Over-Year to 45.5 Cents Per Share
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Microchip Technology has announced a 3.6% year-over-year increase in its quarterly cash dividend to 45.5 cents per share, payable on December 6, 2024. This marks the 83rd increase since the company began paying dividends in 2003.
November 05, 2024 | 9:30 pm
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Microchip Technology has increased its quarterly dividend by 3.6% to 45.5 cents per share, continuing its trend of regular dividend increases.
The increase in dividend reflects positively on Microchip Technology's financial health and commitment to returning value to shareholders. This is likely to attract income-focused investors, potentially boosting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100