Marvell Technology Group Ltd. Declares Quarterly Dividend Payment

SANTA CLARA, Calif., March 12, 2020 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on April 22, 2020 to shareholders of record as of April 3, 2020.

About Marvell

Marvell first revolutionized the digital storage industry by moving information at speeds never thought possible. Today, that same breakthrough innovation remains at the heart of the Company's storage, processing, networking, security and connectivity solutions. With leading intellectual property and deep system-level knowledge, Marvell's semiconductor solutions continue to transform the enterprise, cloud, automotive, industrial, and consumer markets. To learn more, visit: www.marvell.com.

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

For further information, contact:Ashish SaranVice President, Investor Relations408-222-0777[email protected]

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SOURCE Marvell