Microchip Technology Inc: A Leader in Socially Responsible Dividends
Microchip Technology Inc (Symbol: MCHP) has been recognized as a Top Socially Responsible Dividend Stock by Dividend Channel. This accolade highlights MCHP’s strong ”DividendRank” statistics, featuring an impressive 3.5% yield. The company’s commitment to social responsibility has garnered attention from major asset managers, who analyze various social and environmental factors in their investment decisions. These criteria assess the ecological impact of the company’s products and energy efficiency, while also considering moral aspects such as human rights, labor practices, and the company’s overall societal influence, specifically its links to industries like weapons and tobacco.
As noted in the ETF Finder at ETF Channel, Microchip Technology Inc is included in the iShares USA ESG Select ETF (SUSA), representing 0.10% of the fund’s holdings, which are valued at $4,729,562 in MCHP shares.
Microchip’s annualized dividend currently stands at $1.82 per share, with payments distributed quarterly. The last ex-dividend date took place on 02/24/2025. Below is a long-term dividend history chart for MCHP, which the DividendRank report identifies as crucial for evaluating the sustainability of their recent dividend payments. Analyzing past dividend patterns can provide valuable insights into future distributions.
MCHP is part of the Semiconductors sector, competing alongside well-known companies such as NVIDIA Corp (NVDA) and Broadcom Inc (AVGO).
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
