Microchip Technology Stock To Go Ex-dividend Tomorrow (MCHP)
NEW YORK (
) -- The ex-dividend date for
(Nasdaq:
) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $36.99 as of 9:30 a.m. ET, the dividend yield is 3.8%.
The average volume for Microchip Technology has been two million shares per day over the past 30 days. Microchip Technology has a market cap of $7.13 billion and is part of the
sector and
industry. Shares are up 0.1% year to date as of the close of trading on Tuesday.
Microchip Technology Incorporated engages in the design, development, manufacture, and market of semiconductor products for embedded control applications. The company has a P/E ratio of 19.2, above the average electronics industry P/E ratio of 18.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Microchip Technology as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
Microchip Technology Ratings Report
.
See our
or
.
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