Jefferies Raises Price Target on Microchip Technology (MCHP) Following 4Q Beat
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Microchip Technology (MCHP) Declares $0.3595 Quarterly Dividend; 3% Yield
May 4, 2016 4:22 PM EDTMicrochip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3595 per share, or $1.438 annualized.
The dividend will be payable on June 6, 2016, to stockholders of record on May 23, 2016, with an ex-dividend date of May 19, 2016.
The annual yield on the dividend is 3 percent.
For a... More
Microchip Technology (MCHP) Tops Q4 EPS by 2c; Guides Q1 In-Line
May 4, 2016 4:21 PM EDTMicrochip Technology (NASDAQ: MCHP) reported Q4 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $568.4 million versus the consensus estimate of $564.86 million.
"Our March quarter financial results were very strong amidst a weak semiconductor industry backdrop,"... More
