Marvell Technology, Inc. (NASDAQ: MRVL) has declared a quarterly dividend of $0.06 per share of common stock. This dividend is payable on May 1, 2025, to shareholders of record as of April 11, 2025.
In the previous quarter, Marvell Technology, Inc. also declared a dividend of $0.06 per share of common stock, which was paid to shareholders on February 28, 2025.
The dividend payout has remained consistent between the two quarters, indicating stability in the company's dividend distribution.
It's worth noting that Marvell Technology, Inc. has a history of paying regular dividends to its shareholders, reflecting its commitment to providing returns to investors.
Investors and analysts will be keeping a close eye on the company's financial performance and cash flow position to assess its ability to sustain dividend payments in the future. As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $70.39. Check out the company's full 8-K submission here.