Image Source: Pixabay
On 30 January, Monolithic Power Systems (MPWR) increased its dividend by 28.21%, from $1.56 to $2.00 per share.
The dividend is payable on 15 April to shareholders of record on 31 March.
MPWR's contribution to DivGro's projected annual dividend income will increase by $63.36 to $288.
Source: Simply Safe Dividends
I own 36 shares of MPWR at an average cost basis of $644.57 per share. Following this increase, my yield on cost is 1.24%. (MPWR's forward yield is 0.71% at $1,130 per share).
Since I opened my position in March 2025, the stock has delivered a total return of 76%, including $159.12 in dividends. Not bad for a stock I've owned for less than a year!
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $2.40 | $3.00 | $4.00 | $5.00 | $6.24 | ⬆ | $8.00✝ |
| 20.00% | 25.00% | 33.33% | 25.00% | 24.80% | ⬆ | 28.21% |
| 5-year DGR: | 25.55% | ⬆ | 27.23% |
✝projected, assuming no further changes
More By This Author:
Chevron Dividend Increase By 4.09%
BlackRock Dividend Increase
Mastercard Dividend Increase - Dec. 9
Comments
Log in or sign up to join the conversation.