Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock (MCHPP)
Microchip Technology Incorporated Depositary Shares (MCHPP) represent a fractional interest (1/20th) in a share of its 7.50% Series A Mandatory Convertible Preferred Stock. These shares offer holders a fixed dividend rate and the potential to convert into common stock under specified conditions, providing an investment with both fixed income features and the prospect for equity participation.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 15, 2025 | $0.94 | 2025-08-29 | 2025-09-01 |
| June 15, 2025 | $0.84 | 2025-05-30 | 2025-06-01 |
Dividends Summary
- Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock has issued 2 dividend payments over the past 0 years
- The most recent dividend was paid 37 days ago, on September 15, 2025
- The highest dividend payed out to investors during this period was $0.94 per share
- The average dividend paid during this period was $0.89 per share.
Company News
Microchip Technology introduces a portfolio of GNSS Disciplined Oscillator (GNSSDO) Modules designed for aerospace and defense applications, offering precise timing and navigation technology for complex environments including GNSS-denied scenarios.
Microchip Technologies reported Q1 results showing signs of semiconductor industry recovery, with sequential revenue growth and improving margins. The company expects continued growth in the second half of its fiscal year, with potential stock price reversal.
Microchip Technology declared a quarterly cash dividend of 45.5 cents per share, payable on September 5, 2025, to stockholders of record on August 22, 2025.
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