Monolithic Power Raises Quarterly Dividend to $1.25

Monolithic Power (MPWR) has released an update.

The Company has announced a boost in its quarterly cash dividend, raising it from $1.00 to $1.25 per share, signaling a positive turn for investors. Stockholders on record by March 29, 2024, will benefit from this increase with the first enhanced dividend payment scheduled for April 15, 2024.

For further insights into MPWR stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.