Looking at the universe of stocks we cover at Dividend Channel , on 12/24/18, Marvell Technology Group Ltd (Symbol: MRVL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 1/15/19. As a percentage of MRVL's recent stock price of $14.97, this dividend works out to approximately 0.40%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRVL is likely to continue, and whether the current estimated yield of 1.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MRVL shares, versus its 200 day moving average:
Looking at the chart above, MRVL's low point in its 52 week range is $14.69 per share, with $25.18 as the 52 week high point - that compares with a last trade of $14.93.
In Thursday trading, Marvell Technology Group Ltd shares are currently up about 1.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.