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Marvell Technology | 8-K: Marvell Technology, Inc. Declares Quarterly Dividend Payment

SEC announcement · Mar 15 16:17

MRVL -1.63%

Summary by Moomoo AI

On March 15, 2024, Marvell Technology, Inc. announced that its Board of Directors has approved a quarterly dividend payment of $0.06 per share. This dividend is scheduled to be paid on May 1, 2024, to shareholders who are on record as of April 12, 2024. The announcement was made through a press release and is in accordance with the company's commitment to providing returns to its shareholders. The decision to pay future dividends will be contingent on various factors including the company's operational results, cash requirements, financial health, and statutory mandates under Delaware law. Marvell Technology, a trusted partner to leading technology companies for over 25 years, specializes in semiconductor solutions that move, store, process, and secure data.

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