Marvell Technology Announces New Quarterly Dividend and More
Marvell Technology's Quarterly Dividend Announcement
Marvell Technology, Inc. (NASDAQ: MRVL) is excited to share its latest dividend announcement. The company has declared a quarterly dividend of $0.06 per share of its common stock. This dividend is set to be paid on a specified date for those shareholders who are registered by the record date provided.
Dividend Payment Details
This recent declaration by Marvell is an important update for its investors. The dividend will be distributed on a chosen day, ensuring that loyal shareholders enjoy a steady return on their investment. Investors should mark the record date, as it is crucial for the processing of dividend payments.
Importance of the Dividend
Dividends are a vital aspect of any publicly traded company and serve multiple purposes. They not only provide returns to investors but also serve as an indicator of a company's financial health. Marvell's consistent dividend payments reflect its robust position in the technology sector.
About Marvell Technology
At Marvell, the commitment to innovation in data infrastructure technology is clear. The company aims to connect the world through solutions developed on strong partnerships with its customers. For over three decades, Marvell has been trusted by leading technology firms, providing semiconductor solutions that meet both current demands and future aspirations.
Collaborative Approach
The company's philosophy revolves around deep collaboration and transparency, which enables them to transform enterprise, cloud, and carrier architectures positively. Their mission is to facilitate the movement, storage, processing, and protection of data in innovative ways that drive technological advancement.
Contact Information
For inquiries regarding Marvell's financial outlook or further details on the dividend, investors can reach out to:
Ashish Saran
Senior Vice President, Investor Relations
408-222-0777
Frequently Asked Questions
What is the amount of the declared dividend by Marvell?
The declared dividend by Marvell Technology, Inc. is $0.06 per share.
When will the dividend be paid?
The dividend will be paid on a specific date, following the record date for shareholders.
How does Marvell ensure the delivery of dividends?
Marvell has a reputation for maintaining strong financial health, enabling the consistent delivery of dividends to its shareholders.
Who can I contact for more information about Marvell's dividends?
Investors can contact Ashish Saran, Senior Vice President of Investor Relations, for more information on the dividends and financial outlook.
What is Marvell's focus as a technology company?
Marvell focuses on delivering innovative data infrastructure technology, aiming to connect the world while building solutions on strong collaborations.
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