Marvell Technology, Inc. Declares Quarterly Dividend Payment
Rhea-AI Summary
Marvell Technology has declared a quarterly dividend of $0.06 per share, payable on April 27, 2022, to shareholders of record as of April 8, 2022. This reflects the company's ongoing commitment to returning value to shareholders. Marvell is focused on delivering data infrastructure technology and has been a trusted partner for over 25 years with leading technology companies, aiming to innovate enterprise, cloud, automotive, and carrier architectures.
Positive
- Quarterly dividend of $0.06 per share indicates strong cash flow and commitment to shareholders.
Negative
- None.
News Market Reaction
On the day this news was published, MRVL declined 3.65%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SANTA CLARA, Calif., March 2, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of
About Marvell
To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.
Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.
For further information, contact:
Ashish Saran
Vice President, Investor Relations
408-222-0777
ir@marvell.com
View original content:https://www.prnewswire.com/news-releases/marvell-technology-inc-declares-quarterly-dividend-payment-301494229.html
SOURCE Marvell
FAQ
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