Marvell Technology Group Ltd. ( MRVL ) will begin trading ex-dividend on October 06, 2015. A cash dividend payment of $0.06 per share is scheduled to be paid on October 22, 2015. Shareholders who purchased MRVL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that MRVL has paid the same dividend. At the current stock price of $9.08, the dividend yield is 2.64%.
The previous trading day's last sale of MRVL was $9.08, representing a -45.92% decrease from the 52 week high of $16.78 and a 10.54% increase over the 52 week low of $8.21.
MRVL is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). MRVL's current earnings per share, an indicator of a company's profitability, is -$.33. Zacks Investment Research reports MRVL's forecasted earnings growth in 2016 as -63.04%, compared to an industry average of -4.6%.