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Microchip Board Declares $0.455 Quarterly Dividend for Dec. 8

Shareholders of record Nov. 23 qualify, and the December-quarter payout is estimated at about $248 million.

A semiconductor package sits beside four brass payout discs / TokenPost.ai
A semiconductor package sits beside four brass payout discs / TokenPost.ai

On Nov. 5, Microchip Technology Inc. announced a $0.455 cash dividend for each common share, payable Dec. 8 to shareholders on record Nov. 23.

The per-share dividend matches the $0.455 payment made Sept. 9, which totaled $247.6 million. Microchip estimates the December-quarter distribution will total approximately $248 million.

Microchip established its dividend program in October 2002, with payments starting in the third quarter of fiscal 2003.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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