Marvell Technology Group Ltd. (MRVL) Ex-Dividend Date Scheduled for September 10, 2013


Marvell Technology Group Ltd. ( MRVL ) will begin trading ex-dividend on September 10, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on October 03, 2013. Shareholders who purchased MRVL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that MRVL has paid the same dividend. At the current stock price of $12.06, the dividend yield is 1.99%.

The previous trading day's last sale of MRVL was $12.06, representing a -10.73% decrease from the 52 week high of $13.51 and a 72.78% 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 $.44. Zacks Investment Research reports MRVL's forecasted earnings growth in 2014 as -6.05%, compared to an industry average of -6.7%.

For more information on the declaration, record and payment dates, visit the MRVL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to MRVL through an Exchange Traded Fund [ETF]?
The following ETF(s) have MRVL as a top-10 holding:

  • SPDR S&P Semiconductor ETF ( XSD ).

The top-performing ETF of this group is XSD with an increase of 14.34% over the last 100 days. It also has the highest percent weighting of MRVL at 2.85%.

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 , TSM , XSD News News

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