Marvell Technology, Inc. (NASDAQ:MRVL) Declares Quarterly Dividend of $0.06

Marvell Technology, Inc. (NASDAQ:MRVL) announced a quarterly dividend on Friday, September 19th, RTT News reports. Stockholders of record on Friday, October 10th will be paid a dividend of 0.06 per share by the semiconductor company on Thursday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%.

Marvell Technology has a dividend payout ratio of 6.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Marvell Technology to earn $2.00 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 12.0%.

Marvell Technology Trading Up 0.0%

MRVL opened at $74.26 on Friday. The business’s 50 day moving average price is $72.45 and its 200 day moving average price is $67.41. Marvell Technology has a one year low of $47.08 and a one year high of $127.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The stock has a market capitalization of $64.02 billion, a PE ratio of -571.23, a P/E/G ratio of 0.90 and a beta of 1.85.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the business posted $0.30 EPS. The business’s revenue for the quarter was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, equities research analysts expect that Marvell Technology will post 0.91 EPS for the current year.

About Marvell Technology

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.