Marvell Technology Group Ltd. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 28, 2020 to shareholders of record as of October 12, 2020.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Marvell Technology Group Ltd. New York, September 18, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Marvell Technology Group Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
During the fast-paced Lightning Round segment of Mad Money Thursday night one caller asked Jim Cramer about Ericsson . "No. You want Marvell Technology Group Ltd. ," was Cramer's reply. In the daily bar chart of MRVL, below, we can see that the shares have more than doubled from their March nadir.