Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 1.9% Yield

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Marvell Technology Group Ltd. Declares Quarterly Dividend Payment

September 14, 2016 4:15 PM EDT

SANTA CLARA, Calif., Sept. 14, 2016 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced that the Board of Directors has approved a quarterly dividend payment of $0.06 per share to all shareholders of record as of September 28, 2016. Marvell intends to pay the dividend on October 19, 2016.

Forward-Looking Statements under the Private Securities Litigation Reform Act of 1995This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including:... More