Marvell Technology Group Ltd

MRVL

US5738741041

Semiconductors

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Apr. 17	Marvell Technology Insider Sold Shares Worth $1,398,004, According to a Recent SEC Filing	MT
Apr. 17	Marvell Technology Insider Sold Shares Worth $2,817,389, According to a Recent SEC Filing	MT

Marvell : Technology Group Ltd. Declares Quarterly Dividend Payment

September 25, 2020 at 04:06 pm EDT

SANTA CLARA, Calif., Sept. 25, 2020 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 28, 2020 to shareholders of record as of October 12, 2020.

About Marvell

To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.

Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

For further information, contact:
Ashish Saran
Vice President, Investor Relations
408-222-0777
ir@marvell.com

Marvell is a leading provider of infrastructure semiconductor solutions. (PRNewsfoto/Marvell Technology Group Ltd.)

View original content to download multimedia:http://www.prnewswire.com/news-releases/marvell-technology-group-ltd-declares-quarterly-dividend-payment-301138372.html

SOURCE Marvell

Latest news about Marvell Technology Group Ltd

Marvell Technology Insider Sold Shares Worth $1,398,004, According to a Recent SEC Filing	Apr. 17	MT
Marvell Technology Insider Sold Shares Worth $2,817,389, According to a Recent SEC Filing	Apr. 17	MT
Marvell wins new AI chip business, but at lower margins	Apr. 11	RE
Transcript : Marvell Technology, Inc. - Special Call	Apr. 11
KeyBanc Lowers Price Target on Marvell Technology to $90 From $95, Keeps Overweight Rating	Apr. 08	MT
Wall St slips as yields move higher on strong manufacturing data	Apr. 01	RE
Nasdaq jumps on megacap gains as softening inflation fans rate cut hopes	Apr. 01	RE
Wall St set to open higher as growth stocks recover	Mar. 27	RE
Wall St advances as chipmakers, megacap growth stocks rebound	Mar. 26	RE
Marvell Technology, Inc. Doubles Reach of 800 Gbps ZR/ZR+ Pluggable Modules with PCS, Expands Ecosystem for COLORZ 800	Mar. 25	CI
Marvell Extends 1.6T Connectivity Leadership With Industry's First PAM4 Optical DSP Integrating 200 Gbps Electrical and Optical Interfaces	Mar. 25	CI
Marvell Technology, Inc Announces 5nm Transmit-Only 800G PAM4 Optical DSP for AI and Cloud Interconnects	Mar. 25	CI
Micron hits record high as AI demand powers forecast	Mar. 21	RE
Astera Labs extends gains after stellar debut as investors lap up AI stocks	Mar. 21	RE
Marvell Technology Insider Sold Shares Worth $332,200, According to a Recent SEC Filing	Mar. 19	MT
Futures dip as focus turns to Fed meeting	Mar. 19	RE
Nvidia ticks lower as investors look out for details on new AI chip	Mar. 19	RE
Red-hot Nvidia dips after it unveils new AI chip	Mar. 19	RE
Nvidia's dizzying rally spurs rush into AI-themed ETFs	Mar. 19	RE
Marvell Technology Keeps Quarterly Dividend at $0.06 Per Share, Payable May 1 to Shareholders of Record April 12	Mar. 15	MT
Marvell Technology, Inc. Declares Quarterly Dividend, Payable on May 1, 2024	Mar. 15	CI
Tranche Update on Marvell Technology, Inc.'s Equity Buyback Plan announced on November 17, 2016.	Mar. 13	CI
Inflation thermometer tops market dashboard	Mar. 12	RE
Silicon Box to invest $3.5 billion in new chip plant in Italy	Mar. 11	RE
North American Morning Briefing : Stock Futures -2-	Mar. 11	DJ

Chart Marvell Technology Group Ltd

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Company Profile

Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows: - data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.; - enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises; - telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.; - consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals; - automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems. Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).

Sector

Semiconductors

Calendar

2024-05-22 - Q1 2025 Earnings Release (Projected)

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Ratings for Marvell Technology Group Ltd

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

65.24 USD

Average target price

87.53 USD

Spread / Average Target

+34.16%

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