Marvell Tech's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has announced that shareholders as of Wednesday's session close will be eligible for a quarterly dividend of 6 cents per share, with the ex-dividend date being Thursday. The stock is expected to open 6 cents lower on the ex-dividend date. The dividend is scheduled to be paid on January 31, 2024.
January 01, 2024 | 2:45 pm
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Marvell Tech will pay a quarterly dividend of 6 cents per share, with the ex-dividend date being Thursday. The stock will likely open 6 cents lower to reflect the dividend payout.
The stock price of Marvell Tech is expected to decrease by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is accounted for in the stock price.
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