Does Microdata help SERPS?

[makoo]

Hello Everyone,
Does Microdata would be beneficial to SERPs at all? Do any of you guys have experience with using it??

[laragiles]

This microdata helps search engines better understand your content so that they can return more detailed and informative results for searchers. Once added to your website, schema markup creates a more detailed description for your page, called a “rich snippet,” that appears on the search engine results page (SERP).