Microchip Technology Incorporated expects a December-quarter dividend payout of about $248 million, with eligible common shareholders due $0.455 per share if recorded by Nov. 23.
The company announced the cash dividend Nov. 5 and scheduled payment for Dec. 8. The per-share amount is unchanged from the payment made Sept. 9, which totaled $247.6 million.
The board approved the quarterly dividend in October 2002, and the first payments were made in fiscal 2003's third quarter.
