Marvell Technology (NASDAQ: MRVL) declares $0.06 quarterly dividend
Rhea-AI Filing Summary
Marvell Technology, Inc. reported that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share. The dividend will be paid on October 30, 2025 to stockholders who are on record as of the close of business on October 10, 2025. This means only investors who hold the shares by the record date will receive the payment.
The company notes that any future quarterly cash dividends are not guaranteed. They will depend on what the Board believes is in the best interests of the company and its stockholders, along with factors such as operating results, cash balances and future cash requirements, overall financial condition, legal requirements under Delaware law, and other considerations the Board finds relevant.
Positive
- None.
Negative
- None.
FAQ
What dividend did Marvell Technology (MRVL) declare?
Marvell Technology declared a quarterly cash dividend of $0.06 per share.
When will Marvell Technology (MRVL) pay the $0.06 dividend?
The $0.06 per share dividend is scheduled to be paid on October 30, 2025.
What is the record date for Marvell Technologys latest dividend?
Stockholders of record as of October 10, 2025 will be eligible to receive the dividend.
Is Marvell Technologys quarterly dividend guaranteed in the future?
No. The company states that future quarterly cash dividends are subject to Board approval and will depend on operating results, cash balances, future cash needs, financial condition, Delaware law, and other factors.
What did Marvell Technologys Board say it will consider for future dividends?
The Board will consider the best interests of the company and its stockholders, results of operations, cash balances and future cash requirements, overall financial condition, statutory requirements of Delaware law, and other relevant factors.
What type of filing disclosed Marvell Technologys dividend announcement?
The dividend declaration was disclosed as an Other Events item in a current report under the Securities Exchange Act of 1934.