Marvell Technology Group Ltd. (
) has announced an ex-dividend date of December 11, 2012 and a cash
dividend payment of $0.06 per share scheduled for December 21,
2012. Shareholders who purchased MRVL stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
marks the 3rd quarter that MRVL has paid the same dividend. At the
current stock price of $8.87, the dividend yield is 2.71%.
The previous trading day's last sale of MRVL was $8.87,
representing a -47.39% decrease from the 52 week high of $16.86 and
a 25.82% increase over the 52 week low of $7.05.
MRVL is a part of the Technology sector, which includes
companies such as Intel Corporation (
) and Taiwan Semiconductor Manufacturing Company Limited (
). MRVL's current earnings per share, an indicator of a company's
profitability, is $.58. Zacks Investment Research reports MRVL's
forecasted earnings growth in 2013 as -44.44%, compared to an
industry average of -15.4%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to MRVL through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MRVL as a top-10 holding:
- PowerShares Dynamic Semiconductors (
- Schwab U.S. Large-Cap Growth ETF (
The top-performing ETF of this group is SCHG with an increase of
5% over the last 100 days. PSI has the highest percent weighting of
MRVL at 4.24%.