Marvell Technology Group's last quarterly dividend of $0.06 per share was on Apr 11, 2024 (ex-date). The annualized dividend payment of $0.24 per share represents a current dividend yield of 0.37%.
MRVL has a dividend yield of 0.37% which is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 1.54%, Marvell Technology Group's dividend yield is 76% lower. The historical 5-year average of MRVL's dividend yield is 0.6%, which is above the current yield.
Marvell Technology Group has a history of paying dividends since 2013. Our records of MRVL show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 67% from a year ago, the dividend yield marks a decrease of 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 11, 2024 | May 1, 2024 | Mar 15, 2024 | $0.06 | normal |
| Jan 4, 2024 | Jan 31, 2024 | Dec 8, 2023 | $0.06 | normal |
| Oct 5, 2023 | Oct 25, 2023 | Sep 15, 2023 | $0.06 | normal |
| Jul 6, 2023 | Jul 26, 2023 | Jun 16, 2023 | $0.06 | normal |
| Apr 5, 2023 | Apr 26, 2023 | Mar 15, 2023 | $0.06 | normal |
| Jan 5, 2023 | Jan 25, 2023 | Dec 13, 2022 | $0.06 | normal |
| Oct 6, 2022 | Oct 26, 2022 | Sep 23, 2022 | $0.06 | normal |
| Jul 7, 2022 | Jul 27, 2022 | Jun 2, 2022 | $0.06 | normal |
| Apr 7, 2022 | Apr 27, 2022 | Mar 2, 2022 | $0.06 | normal |
| Jan 6, 2022 | Jan 26, 2022 | Dec 17, 2021 | $0.06 | normal |
| Oct 7, 2021 | Oct 27, 2021 | Sep 23, 2021 | $0.06 | normal |
| Jul 8, 2021 | Jul 28, 2021 | Jun 3, 2021 | $0.06 | normal |
| Apr 8, 2021 | Apr 28, 2021 | Mar 5, 2021 | $0.06 | normal |
| Dec 22, 2020 | Jan 14, 2021 | Dec 2, 2020 | $0.06 | normal |
| Oct 8, 2020 | Oct 28, 2020 | Sep 25, 2020 | $0.06 | normal |
| Jul 10, 2020 | Jul 29, 2020 | Jun 25, 2020 | $0.06 | normal |
| Apr 2, 2020 | Apr 22, 2020 | Mar 11, 2020 | $0.06 | normal |
| Dec 24, 2019 | Jan 16, 2020 | Dec 6, 2019 | $0.06 | normal |
| Oct 9, 2019 | Oct 30, 2019 | Sep 19, 2019 | $0.06 | normal |
| Jul 11, 2019 | Jul 31, 2019 | Jun 28, 2019 | $0.06 | normal |
| Apr 2, 2019 | Apr 24, 2019 | Mar 14, 2019 | $0.06 | normal |
| Dec 24, 2018 | Jan 15, 2019 | Dec 7, 2018 | $0.06 | normal |
| Oct 1, 2018 | Oct 23, 2018 | Sep 13, 2018 | $0.06 | normal |
| Jul 6, 2018 | Jul 31, 2018 | Jun 28, 2018 | $0.06 | normal |
| Mar 28, 2018 | Apr 18, 2018 | Mar 15, 2018 | $0.06 | normal |
| Dec 26, 2017 | Jan 16, 2018 | Dec 8, 2017 | $0.06 | normal |
| Oct 6, 2017 | Oct 26, 2017 | Sep 21, 2017 | $0.06 | normal |
| Jun 30, 2017 | Jul 21, 2017 | Jun 15, 2017 | $0.06 | normal |
| Mar 31, 2017 | Apr 20, 2017 | Mar 16, 2017 | $0.06 | normal |
| Dec 2, 2016 | Dec 28, 2016 | Nov 17, 2016 | $0.06 | normal |
| Sep 26, 2016 | Oct 19, 2016 | Sep 14, 2016 | $0.06 | normal |
| Jun 10, 2016 | Jul 12, 2016 | May 18, 2016 | $0.06 | normal |
| Mar 24, 2016 | Apr 22, 2016 | Mar 15, 2016 | $0.06 | normal |
| Dec 14, 2015 | Dec 29, 2015 | Dec 1, 2015 | $0.06 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TXN Texas Instruments Inc | 2.91% | $5.08 | 78.5% |
| QCOM Qualcomm Inc | 1.96% | $3.2 | 46% |
| INTC Intel Corp | 1.45% | $0.5 | 125% |
| STM ST Microelectronics | 0.57% | $0.24 | 5.2% |
| MRVL Marvell Technology Group Ltd | 0.37% | $0.24 | N/A |
| NVDA Nvidia Corp | 0.02% | $0.16 | 1.3% |
Yes, Marvell Technology Group has been paying dividends for the last 12 years.
MRVL hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in July 2024.
Marvell Technology Group's last regular dividend was on Apr 11, 2024 (ex-date) with the amount of $0.06 per share.
MRVL's annualized dividend per share is $0.24.
Currently Marvell Technology Group's dividend yield is 0.37%.
Marvell Technology Group has a quarterly dividend frequency.
Marvell Technology Group's dividend yield is below the Technology sector average.