Microchip Technology Incorporated ( MCHP ) will begin trading ex-dividend on August 19, 2014. A cash dividend payment of $0.356 per share is scheduled to be paid on September 04, 2014. 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 $47.37, the dividend yield is 3.01%.
The previous trading day's last sale of MCHP was $47.37, representing a -5.33% decrease from the 52 week high of $50.04 and a 23.23% increase over the 52 week low of $38.44.
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 $1.84. Zacks Investment Research reports MCHP's forecasted earnings growth in 2015 as 14.51%, compared to an industry average of 25.3%.
Interested in gaining exposure to MCHP through an Exchange Traded Fund [ETF]?
The following ETF(s) have MCHP as a top-10 holding:
- WisdomTree MidCap Dividend Fund ( DON ).
The top-performing ETF of this group is DON with an increase of 5.14% over the last 100 days. It also has the highest percent weighting of MCHP at 0.82%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.