Marvell Technology, Inc. Declares Quarterly Dividend Payment

Marvell Technology, Inc. (NASDAQ: MRVL) announced a quarterly dividend of $0.06 per share, payable on October 27, 2021.

Rhea-AI Summary

Marvell Technology, Inc. (NASDAQ: MRVL) announced a quarterly dividend of $0.06 per share, payable on October 27, 2021. Shareholders of record as of October 11, 2021 will be eligible for this dividend. Marvell emphasizes its commitment to delivering data infrastructure technology and solutions, collaborating with leading technology companies for over 25 years. This dividend reflects the company's ongoing focus on rewarding its shareholders while investing in future technological advancements.

Positive

• Quarterly dividend of $0.06 per share enhances shareholder returns.

Negative

• None.

Argus Session date unavailable

+0.27% session move Open Argus

Details

News Market Reaction – MRVL

The recorded move for MRVL in the trading session of this news was +0.27%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SANTA CLARA, Calif., Sept. 23, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 27, 2021 to shareholders of record as of October 11, 2021.

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 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-301384271.html

SOURCE Marvell

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Marvell Technology in 2021?

Marvell Technology declared a quarterly dividend of $0.06 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 27, 2021.

What is the record date for Marvell's dividend payment?

The record date for the dividend payment is October 11, 2021.

How often does Marvell Technology pay dividends?

Marvell Technology typically pays dividends quarterly.