MCHP Stock Recent News

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.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

CHANDLER, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Victor Peng, former President of Advanced Micro Devices, Inc. (AMD), will join the Board of Directors of Microchip effective February10, 2024.

MCHP's third-quarter fiscal 2025 results are likely to reflect the negative impacts of a weak demand environment, excess inventory and macro uncertainty.

Besides Wall Street's top -and-bottom-line estimates for Microchip Tech (MCHP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.67%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devices The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devices

Microchip Technology struggles with high inventory, declining demand and ongoing macroeconomic challenges.

Microchip's PCI100x devices deliver high performance and cost efficiency for any application where accelerated or specialized computing is used Microchip's PCI100x devices deliver high performance and cost efficiency for any application where accelerated or specialized computing is used