Microchip Technology Inc. Declares Quarterly Dividend Amid Sustained Growth

On February 6, 2025, Microchip Technology Incorporated (NASDAQ: MCHP), a prominent player in the field of embedded control solutions, announced its latest quarterly cash dividend of 45.5 cents per share. This decision, made by the company's Board of Directors, reflects Microchip's robust financial health and commitment to returning value to its shareholders.

The declared dividend is scheduled to be paid out on March 7, 2025, to all stockholders who are on record as of February 24, 2025. This quarterly dividend marks yet another milestone in Microchip’s long-standing history of returning capital to its investors, showcasing the company’s consistent performance and growth trajectory.

Since initiating its quarterly cash dividend payments in the third quarter of fiscal year 2003, Microchip has impressively increased its dividend a total of 83 times. This remarkable record not only highlights the company’s commitment to enhancing shareholder value but also underscores its operational sustainability and profitability in an ever-evolving technological landscape.

Microchip Technology is recognized as a leading provider of smart, connected, and secure embedded control solutions. The company’s extensive portfolio includes user-friendly development tools and a comprehensive array of products designed to help customers optimize their designs. By doing so, Microchip effectively reduces risk, lowers total system costs, and accelerates time to market for its clients.

Microchip serves a diverse customer base of approximately 112,000 clients across various sectors, including industrial, automotive, consumer, aerospace and defense, communications, and computing markets. The breadth of its product offerings and the company’s dedication to quality and reliability have solidified its position as a trusted partner in the embedded control solutions space.

The announcement of the quarterly dividend is a testament to Microchip's solid financial foundation and management’s strategic focus on shareholder returns. As the company continues to innovate and expand its offerings, stakeholders can expect further growth opportunities and value creation.

For additional information regarding this announcement or other investor-related inquiries, shareholders and interested parties can reach out to Sajid Daudi, the Head of Investor Relations, at (480) 792-7385.

Microchip Technology's recent declaration of a quarterly cash dividend underscores its ongoing commitment to delivering shareholder value while maintaining a strong operational framework. As the company continues to thrive in the highly competitive technology landscape, investors can look forward to both robust financial performance and sustained dividend growth in the years to come.

For more details and updates, visit Microchip's official website at www.microchip.com.

The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.