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Microchip Technology declares dividend
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CHANDLER, Ariz. - Microchip Technology Inc., which makes semiconductors and microcontrollers, said Wednesday it would pay a quarterly cash dividend next month.
The company said the dividend of 34 cents per share would be payable Dec. 2 to shareholders of record on Nov. 18.
Microchip shares rose 26 cents to $24.41 in regular trading, then added 74 cents, or 3 percent, to $25.20 in extended trading after the company reported Sept. 30-quarter results that beat analysts' forecasts.
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