Marvell Technology Group Ltd. (MRVL) Ex-Dividend Date Scheduled for March 12, 2013

By NASDAQ.com News,  March 08, 2013, 09:00:04 AM EDT

Marvell Technology Group Ltd. ( MRVL ) will begin trading ex-dividend on March 12, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on April 04, 2013. Shareholders who purchased MRVL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MRVL has paid the same dividend.

The previous trading day's last sale of MRVL was $10.37, representing a -35.19% decrease from the 52 week high of $16 and a 48.57% increase over the 52 week low of $6.98.

MRVL is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). MRVL's current earnings per share, an indicator of a company's profitability, is $.53. Zacks Investment Research reports MRVL's forecasted earnings growth in 2014 as -18.91%, compared to an industry average of 3.9%.

For more information on the declaration, record and payment dates, visit the MRVL Dividend History page.

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 ( PSI )
  • Schwab U.S. Large-Cap Growth ETF ( SCHG ).

The top-performing ETF of this group is SCHG with an increase of 6.8% over the last 100 days. PSI has the highest percent weighting of MRVL at 4.24%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: INTC, MRVL, PSI, SCHG, TSM



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