🟢 MPWR is trading 4.1% up today ahead of its June 30 ex-dividend date

MPWR is trading 4.1% up at $1,365.95 as investors react to the company's upcoming June 30 ex-dividend date for its quarterly payout.

• The company previously announced a second-quarter dividend of $2.00 per share, payable on July 15.
• The dividend is drawing significant interest from income-focused buyers, supporting the stock's price action despite broader market volatility.