The American technology group Marvell Technology Inc. (ISIN: US5738741041, NYSE: MRVL) will pay an unchanged quarterly dividend of USD 0.06 to its shareholders on January 25, 2023. Record day is January 6, 2023.
Extrapolated for the year as a whole, a total of 0.24 US dollars will be paid out. This puts the current dividend yield at the current stock market price of 43.51 US dollars (as of December 13, 2022) at 0.55 percent. In May 2012, Marvell announced it would be paying a dividend ($0.06) for the first time.
Founded in 1995, Marvell is a manufacturer of fabless semiconductors for storage, telecommunications and consumer products. Its operational headquarters are in Santa Clara, California. Legal headquarters are in Bermuda. Over 9,000 people are employed. The company had revenues of $1.54 billion for the third quarter ended October 29, 2022 (prior year: $1.21 billion) of fiscal year 2023 as reported on December 1, 2022. The bottom line was a GAAP profit of $13.3 million after a loss of $62.6 million a year earlier. On an adjusted non-GAAP basis, income was $492 million (prior year: $364.3 million).
Year-to-date in 2022, the stock is down 50.27 percent on Wall Street’s current price basis and has a market cap of $36.33 billion as of December 13, 2022.
Editorial team MyDividends.de
Leverage must be between 2 and 20
No data