Marvell Technology Group Ltd. (NASDAQ:MRVL) will begin trading ex-dividend on July 10, 2020. The quarterly dividend payment of $ 0.06 per share is scheduled to be paid on July 29, 2020. Shareholders who purchased MRVL prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
Marvell Technology Group Ltd. recorded income for the first quarter of $ 0.18 per share, from the revenue of $ 693.64 million. The quarterly earnings expanded 12.50 percent compared with the same quarter last year. The consensus estimates are income of $ 0.14 per share from $ 678.70 million in revenue. The bottom line results beat street analysts by $ 0.04 or 28.57 percent, at the same time, top line results topped analysts by $ 14.94 million or 2.20 percent.
Stock Performance
According to the previous trading day, closing price of MRVL was $ 38.12, representing a 131.73 % increase from the 52 week low of $ 16.45 and a 0.34 % decrease over the 52 week high of $ 38.25.
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The company has a market capital of $ 25.36 billion and is part of the Technology sector and Semiconductors industry.
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as preamplifiers; supports a variety of host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, and non-volatile memory express; and develops software-enabled silicon solutions comprising SATA port multipliers, bridges, SATA, SAS, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses.
