Marvell Technology Increases Dividend to $0.06

By Bobby Samwell • Saturday, September 14 15:32 • Permanent Link

Marvell Technology, Inc. has declared a quarterly dividend of $0.06 per share of common stock. This dividend will be payable on October 31, 2024, to shareholders of record as of October 11, 2024.

This announcement represents a change from the previous dividend payment. For the prior period, Marvell Technology, Inc. paid a dividend of $0.05 per share of common stock. Therefore, the current dividend of $0.06 per share reflects an increase compared to the previous period.

This adjustment may be of interest to investors and analysts who track Marvell's financial performance and the company's commitment to delivering value to its shareholders. As a result of these announcements, the company's shares have moved 0.2% on the market, and are now trading at a price of $74.48. If you want to know more, read the company's complete 8-K report here.

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