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

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 Nasdaq, Inc.


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

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