Microchip Technology Incorporated
MCHP23 yrs growthTechnology · Stock · quarterly payer
Forward Yield
2.25%
Annual Dividend
$1.82
Payout Ratio
827%
5-Yr Growth
19.9%
Ex-Date
May 22, 2026
Frequency
Quarterly
Summary
As of July 2026, Microchip Technology Incorporated (MCHP) yields 2.25% ($1.82 per share annually), with a blended fair-value estimate of $39.05 — -52% downside, so it screens as overvalued. Dividend safety grade: A (83/100). 23 years of dividend growth.
Is MCHP a good dividend stock?
YesMicrochip Technology Incorporated (MCHP) pays a quarterly dividend yielding 2.25% ($1.82/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 19.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Elevated payout ratio (827%)
Key Data
- Dividend Yield
- 2.25%
- Payout Ratio
- 827%
- Annual Dividend
- $1.82
- 5-Yr Avg Growth
- 19.9%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 1.73
- Market Cap
- $44.0B
- P/E Ratio
- 368.0
- 5-Yr Total Return
- 3%
- 52-Week Range
- $48.52 – $105.91
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
Frequently Asked Questions
MCHP Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
-1%
5 Years
+3%
52-Week Range
$48.52 – $105.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MCHP worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Microchip Technology Incorporated is $39.05 per share, versus a market price of $80.96. That implies 52% of downside.
Fair Value
$39.05
Current Price
$80.96
Downside
-52%
Margin of Safety
-107%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.22 EPS, $1.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MCHP Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.4550 | regular |
| Feb 23, 2026 | — | $0.4550 | regular |
| Nov 24, 2025 | — | $0.4550 | regular |
| Aug 22, 2025 | — | $0.4550 | regular |
| May 22, 2025 | — | $0.4550 | regular |
| Feb 24, 2025 | — | $0.4550 | regular |
| Nov 22, 2024 | — | $0.4550 | regular |
| Aug 22, 2024 | — | $0.4540 | regular |
| May 21, 2024 | — | $0.4520 | regular |
| Feb 22, 2024 | — | $0.4500 | regular |
| Nov 21, 2023 | — | $0.4390 | regular |
| Aug 21, 2023 | — | $0.4100 | regular |
| May 19, 2023 | — | $0.3830 | regular |
| Feb 17, 2023 | — | $0.3580 | regular |
Income Calculator
At $1.82 / yr per share
