Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454

By Yahoo! Finance | Aug 6, 2024 at 09:16 AM EST

Microchip Technology (NASDAQ:MCHP) will increase its dividend to $0.454 on September 5th, yielding 2.5% of the stock price, above industry standards. With a sustainable payout ratio and steady growth, it proves to be a valuable long-term dividend stock.

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