Marvell Technology Group Ltd. ( MRVL ) will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on July 02, 2014. Shareholders who purchased MRVL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that MRVL has paid the same dividend. At the current stock price of $15.21, the dividend yield is 1.58%.
The previous trading day's last sale of MRVL was $15.21, representing a -8.65% decrease from the 52 week high of $16.65 and a 41.62% increase over the 52 week low of $10.74.
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 $.73. Zacks Investment Research reports MRVL's forecasted earnings growth in 2015 as 22.83%, compared to an industry average of 2.9%.
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