Microchip Technology (MCHP)

Price*: $17.56 | Dividend: $1.36 | Dividend Yield: 7.74%

Recommendation Info
We downgraded this stock from the "Recommended" list on 11/12/08, at a price of 21.23.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is attractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates are basically unchanged.

Price and Dividend Info

Microchip Technology (MCHP)

Previous Day's Closing Price*

$17.56

Annual Stock Dividend

$1.36

Current Dividend Yield

7.74%

Recent Headlines

6 Dividend Stocks Added to Recommended List (PGN, T, AFL, ED, HCBK, MCHP)
Tue, Oct 28, 2008
Microchip Technology Cautious on Next Quarter, but Raises Dividend (MCHP)
Fri, Oct 24, 2008
Dividend Payout Changes Today (SRCE, AFL, ARG, MMP, MCHP, SHEN, SPH, COLB, LYTS, POWI, TECH, MTG)
Thu, Oct 23, 2008
Dividend Stock Recommendation Changes (FLS, MCHP, EPD, VMI, CMI, JBL, ARG)
Wed, Sep 3, 2008
Dividend Payout Changes Today (BHI, BMTC, BNI, XTXI, XTEX, DPM, KDN, MCRL, MCHP, PVR, STE, SPH, VPFG, DSL)
Thu, Jul 24, 2008
Xilinx's Earnings Leave Something to be Desired (XLNX)
Thu, Jul 17, 2008

Profile & Recommendation

Company Profile

Microchip Technology-(MCHP)- the company engages in the development and manufacture of semiconductor products for various embedded control applications. The company's chips are used in the automotive, computing, consumer, industrial and many other markets. A microcontroller chip, also known as a "computer on a chip", is used to automatically control devices such as car engine control systems and power tools. Microchip's microcontrollers are used in a range of devices from personal computer peripherals to mobile phones. The company was founded in 1989 and is based in Chandler, Arizona.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This mid cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.