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Marvell Technology, Inc. Declares Quarterly Dividend Payment

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Marvell Technology (NASDAQ: MRVL) has declared a quarterly dividend of $0.06 per share, payable on July 28, 2021. Shareholders of record as of July 9, 2021 will receive this payment. This decision reflects the company's ongoing commitment to returning value to shareholders while continuing its operations in providing data infrastructure technology. Marvell's 25-year history with leading tech companies underscores its role in shaping future architectures across various sectors, including enterprise and cloud.

Positive
  • Quarterly dividend of $0.06 per share enhances shareholder returns.
  • Reflects confidence in long-term business sustainability.
Negative
  • None.

SANTA CLARA, Calif., June 3, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on July 28, 2021 to shareholders of record as of July 9, 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

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 announced by Marvell?

Marvell has announced a quarterly dividend of $0.06 per share.

When will the dividend be paid to shareholders of Marvell?

The dividend will be paid on July 28, 2021.

What is the record date for the Marvell dividend?

The record date for the dividend is July 9, 2021.

How often does Marvell pay dividends?

Marvell pays dividends quarterly.

Marvell Technology, Inc.

NASDAQ:MRVL

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