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Marvell Technology Group Ltd. Declares Quarterly Dividend Payment

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Marvell Technology Group Ltd. (NASDAQ: MRVL) has announced a quarterly dividend of $0.06 per share, payable on January 14, 2021. Shareholders of record as of December 23, 2020 will receive this payment. The company emphasizes its commitment to enhancing data infrastructure technology through strong partnerships with leading tech firms.

Positive
  • Quarterly dividend of $0.06 per share demonstrates company confidence in financial stability.
  • Payment scheduled for January 14, 2021, providing immediate value to shareholders.
Negative
  • None.

SANTA CLARA, Calif., Dec. 2, 2020 /PRNewswire/ --  Marvell Technology Group Ltd. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020.

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

Marvell is a leading provider of infrastructure semiconductor solutions. (PRNewsfoto/Marvell Technology Group Ltd.)

 

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SOURCE Marvell

FAQ

What is the dividend amount declared by Marvell Technology Group Ltd. for December 2020?

Marvell Technology Group Ltd. declared a dividend of $0.06 per share.

When will the dividend be paid to shareholders of Marvell?

The dividend will be paid on January 14, 2021.

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

The record date for the dividend payment is December 23, 2020.

Marvell Technology, Inc.

NASDAQ:MRVL

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