Why Microchip would rather borrow money to pay its high dividend than cut it

Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook that disappointed.

Why Microchip would rather borrow money to pay its high dividend than cut it
Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook that disappointed.