Marvell Technology declares quarterly dividend

Board of directors of Marvell Technology Group Ltd. (NASDAQ: MRVL) has approved a quarterly dividend payment of USD0.06 per share, the company said.

The dividend is payable to all shareholders of record as of September 28, 2016. Marvell said it intends to pay the dividend on October 19, 2016.

Marvell provides storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, using Kinoma software.