Current Yield
2.05%
TTM Dividend/Share
$1.82
Payment Frequency
Quarterly
Payout Ratio
687.1%
Consecutive Growth Years
15 (Dividend Contender)
Key takeaways
- Dividend Contender — Microchip Technology (MCHP) has raised its dividend for 15 consecutive years.
- Microchip Technology (MCHP) currently yields 2.05%, paying $1.82 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 687.1% — the share of earnings distributed as dividends.
- 3 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 19.86%.
Dividend yield valuation for Microchip Technology (MCHP)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 2.05% |
1-year average yield | 3.12%now 1.07 pp below |
3-year average yield | 2.92%now 0.87 pp below |
5-year average yield | 2.29%now 0.24 pp below |
MCHP: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Microchip Technology (MCHP)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 21.9% |
FCF payout ratio | 31.9% |
Net debt / EBITDA | 3.8x |
Interest coverage | 2.21x |
ROIC (TTM) | 3.2% |
Dividend safety score for Microchip Technology (MCHP)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
3 of 8 checks passed
Payout ratio below 75%
Payout ratio is 687.1%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $-113M — FCF does not fully cover the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
15 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 31.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (19.9%) exceeds EPS growth (-10.5%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
95 payments from 2002 to 2026 · Adj. Dividend is split-adjusted
| May 22, 2026 | Jun 5, 2026 | $0.4550 | $0.4550 |
| Feb 23, 2026 | Mar 10, 2026 | $0.4550 | $0.4550 |
| Nov 24, 2025 | Dec 9, 2025 | $0.4550 | $0.4550 |
| Aug 22, 2025 | Sep 5, 2025 | $0.4550 | $0.4550 |
| May 22, 2025 | Jun 5, 2025 | $0.4550 | $0.4550 |
| Feb 24, 2025 | Mar 7, 2025 | $0.4550 | $0.4550 |
| Nov 22, 2024 | Dec 6, 2024 | $0.4550 | $0.4550 |
| Aug 22, 2024 | Sep 5, 2024 | $0.4540 | $0.4540 |
| May 21, 2024 | Jun 5, 2024 | $0.4520 | $0.4520 |
| Feb 22, 2024 | Mar 8, 2024 | $0.4500 | $0.4500 |
| Nov 21, 2023 | Dec 6, 2023 | $0.4390 | $0.4390 |
| Aug 21, 2023 | Sep 5, 2023 | $0.4100 | $0.4100 |
- May 22, 2026$0.4550
- Feb 23, 2026$0.4550
- Nov 24, 2025$0.4550
- Aug 22, 2025$0.4550
- May 22, 2025$0.4550
- Feb 24, 2025$0.4550
- Nov 22, 2024$0.4550
- Aug 22, 2024$0.4540
- May 21, 2024$0.4520
- Feb 22, 2024$0.4500
- Nov 21, 2023$0.4390
- Aug 21, 2023$0.4100
Historical dividend yield for Microchip Technology (MCHP)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 3.12%5Y: 2.29%10Y: 1.98%
Dividend per share for Microchip Technology (MCHP)
CAGR (per year)1Y: 0.50%5Y: 19.86%10Y: 9.78%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 2002 | $0.01 | 1 |
| 2003 | $0.05 | 4 |
| 2004 | $0.09 | 4 |
| 2005 | $0.23 | 4 |
| 2006 | $0.45 | 4 |
| 2007 | $0.57 | 4 |
| 2008 | $0.66 | 4 |
| 2009 | $0.68 | 4 |
| 2010 | $0.86 | 5 |
| 2011 | $0.52 | 3 |
| 2012 | $0.70 | 4 |
| 2013 | $0.71 | 4 |
| 2014 | $0.71 | 4 |
| 2015 | $0.72 | 4 |
| 2016 | $0.72 | 4 |
| 2017 | $0.72 | 4 |
| 2018 | $0.73 | 4 |
| 2019 | $0.73 | 4 |
| 2020 | $0.74 | 4 |
| 2021 | $0.85 | 4 |
| 2022 | $1.16 | 4 |
| 2023 | $1.59 | 4 |
| 2024 | $1.81 | 4 |
| 2025 | $1.82 | 4 |
| 2026 | $0.91 | 2 |
Dividend growth for Microchip Technology (MCHP)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.8200 | — | — |
| 2025 | $1.8110 | $1.8200 | +0.5% |
| 2024 | $1.5900 | $1.8110 | +13.9% |
| 2023 | $1.1580 | $1.5900 | +37.3% |
| 2022 | $0.8520 | $1.1580 | +35.9% |
| 2021 | $0.7358 | $0.8520 | +15.8% |
| 2020 | $0.7317 | $0.7358 | +0.5% |
| 2019 | $0.7278 | $0.7317 | +0.5% |
| 2018 | $0.7237 | $0.7278 | +0.6% |
| 2017 | $0.7198 | $0.7237 | +0.6% |
| 2016 | $0.7157 | $0.7198 | +0.6% |
| 2015 | $0.7117 | $0.7157 | +0.6% |
| 2014 | $0.7073 | $0.7117 | +0.6% |
| 2013 | $0.7010 | $0.7073 | +0.9% |
| 2012 | $0.5205 | $0.7010 | +34.7% |
| 2011 | $0.8575 | $0.5205 | -39.3% |
| 2010 | $0.6785 | $0.8575 | +26.4% |
| 2009 | $0.6635 | $0.6785 | +2.3% |
| 2008 | $0.5750 | $0.6635 | +15.4% |
| 2007 | $0.4450 | $0.5750 | +29.2% |
| 2006 | $0.2250 | $0.4450 | +97.8% |
| 2005 | $0.0865 | $0.2250 | +160.1% |
| 2004 | $0.0490 | $0.0865 | +76.5% |
| 2003 | — | $0.0490 | — |
- 2026—
- 2025$1.8200
- 2024$1.8110
- 2023$1.5900
- 2022$1.1580
- 2021$0.8520
- 2020$0.7358
- 2019$0.7317
- 2018$0.7278
- 2017$0.7237
- 2016$0.7198
- 2015$0.7157
- 2014$0.7117
- 2013$0.7073
- 2012$0.7010
- 2011$0.5205
- 2010$0.8575
- 2009$0.6785
- 2008$0.6635
- 2007$0.5750
- 2006$0.4450
- 2005$0.2250
- 2004$0.0865
- 2003$0.0490
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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