Marvell Technology Group Ltd. ( MRVL ) will begin trading ex-dividend on December 14, 2015. A cash dividend payment of $0.06 per share is scheduled to be paid on December 29, 2015. Shareholders who purchased MRVL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that MRVL has paid the same dividend. At the current stock price of $8.42, the dividend yield is 2.85%.
The previous trading day's last sale of MRVL was $8.42, representing a -49.82% decrease from the 52 week high of $16.78 and a 11.52% increase over the 52 week low of $7.55.
MRVL is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). MRVL's current earnings per share, an indicator of a company's profitability, is -$.67. Zacks Investment Research reports MRVL's forecasted earnings growth in 2016 as -82.43%, compared to an industry average of 12.3%.