Microchip Technology Incorporated (MCHP) Ex-Dividend Date Scheduled for May 17, 2013


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Microchip Technology Incorporated ( MCHP ) will begin trading ex-dividend on May 17, 2013. A cash dividend payment of $0.3535 per share is scheduled to be paid on June 04, 2013. Shareholders who purchased MCHP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.14% increase over the prior quarter. At the current stock price of $37.63, the dividend yield is 3.76%.

The previous trading day's last sale of MCHP was $37.63, representing a -0.9% decrease from the 52 week high of $37.97 and a 30.12% increase over the 52 week low of $28.92.

MCHP is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). MCHP's current earnings per share, an indicator of a company's profitability, is $.61. Zacks Investment Research reports MCHP's forecasted earnings growth in 2014 as 21.39%, compared to an industry average of 13.8%.

For more information on the declaration, record and payment dates, visit the MCHP Dividend History page.

Interested in gaining exposure to MCHP through an Exchange Traded Fund [ETF]?
The following ETF(s) have MCHP as a top-10 holding:

  • SPDR S&P Semiconductor ETF ( XSD )
  • WisdomTree Dividend Ex-Financials Fund ( DTN )
  • WisdomTree MidCap Dividend Fund ( DON ).

The top-performing ETF of this group is XSD with an increase of 21.66% over the last 100 days. It also has the highest percent weighting of MCHP at 2.68%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: DON , DTN , INTC , MCHP , TSM , XSD

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