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MCHP (Microchip Technology) 3-Year Dividend Growth Rate : 31.10% (As of Sep. 2024)


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What is Microchip Technology 3-Year Dividend Growth Rate?

Microchip Technology's Dividends per Share for the three months ended in Sep. 2024 was $0.45.

The historical rank and industry rank for Microchip Technology's 3-Year Dividend Growth Rate or its related term are showing as below:

MCHP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.6   Med: 1.1   Max: 142.4
Current: 31.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Microchip Technology was 142.40% per year. The lowest was 0.60% per year. And the median was 1.10% per year.

MCHP's 3-Year Dividend Growth Rate is ranked better than
67.07% of 331 companies
in the Semiconductors industry
Industry Median: 17.7 vs MCHP: 31.10

During the past 12 months, Microchip Technology's average Dividends Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Microchip Technology's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.99. As of today, Microchip Technology's Dividend Yield % is 2.90%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Microchip Technology Inc is 0.88, which seems too high.

Good Sign:

Microchip Technology Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Microchip Technology's 3-Year Dividend Growth Rate

For the Semiconductors subindustry, Microchip Technology's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microchip Technology's 3-Year Dividend Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Microchip Technology's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Microchip Technology's 3-Year Dividend Growth Rate falls into.



Microchip Technology 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Microchip Technology  (NAS:MCHP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Microchip Technology's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.454/ 0.46
=0.99

During the past 13 years, the highest Dividend Payout Ratio of Microchip Technology was 1.32. The lowest was 0.31. And the median was 0.73.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Microchip Technology Inc is 0.88, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Microchip Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4550002024-11-222024-11-222024-12-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.4540002024-08-222024-08-222024-09-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.4520002024-05-212024-05-222024-06-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.4500002024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Microchip Technology's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.811/61.52
=2.94 %

Current Share Price is $61.52.
Microchip Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.811.

During the past 13 years, the highest Dividend Yield of Microchip Technology was 3.54%. The lowest was 0.91%. And the median was 1.69%.

Good Sign:

Microchip Technology Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Microchip Technology 3-Year Dividend Growth Rate Related Terms>


Microchip Technology Business Description

Address
2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Executives
James Eric Bjornholt officer: VP and CFO MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Matthew W Chapman director 400 SW SIXTH AVENUE, SUITE 200, PORTLAND OR 97204
Karlton D Johnson director C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 W. CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Stephen V Drehobl officer: VP, Security, MCU & Tech Div.
Steve Sanghi director, officer: President, CEO, Chairman 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Richard J Simoncic officer: VP, Microperipheral Prod Div 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Mitchell R Little officer: VP, WW Sales and Appns. 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Ganesh Moorthy officer: VP, MCU and Auto. Div. MICROCHIP, 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Wade F Meyercord director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
L B Day director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Karen Marie Rapp director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Esther Johnson director 8731 S 600 W, CLAYPOOL IN 46510
Hugo Martinez Albert J director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
David S Lambert officer: VP, Fab Operations 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199