So you earn 500 US dollars a month with the Marvell Technology share before the result of Q4

Marvell Technology, Inc. (NASDAQ: MRVL) will publish his financial results in the fourth quarter on Wednesday, March 5.

Analysts expect the company to report a quarterly result of 59 cents per share, compared to 46 cents per share in the previous year. Marvell Technology projects according to data from Benzinga per quarterly sales of 1.80 billion US dollars compared to $ 1.43 billion in the previous year.

On January 22, the keybanc analyst John Vinh Marvell Tech held overweight and increased the price target from USD $ 135.

In view of the recent enthusiasm in Marvell technology, some investors can also observe potential profits through the dividends of the company. From now on, Marvell Technology offers an annual dividend yield of 0.28%, which corresponds to a quarterly dividend amount of 6 cents per share (24 cents per year).

How can investors take advantage of the dividend yield in order to be regularly 500 US dollars per month?

To earn only 500 US dollars per month or 6,000 per year from dividends, you need an investment of approx. $ 2,208,250 or around 25,000 shares. For a more modest $ 100 per month or $ 1,200 per year, you need $ 441,650 or around 5,000 shares.

To calculate: Share the desired annual income ($ 6,000 or 1,200) by the dividend (in this case 0.24 USD). So 6,000 USD / 0.24 USD = 25,000 ($ 500 per month) and $ 1,200 / 0.24 = 5,000 shares ($ 100 per month).

Take a look at more income on MRVL

Note that the dividend yield can change on a rolling basis, since the dividend payment and the share price fluctuate over time.

How this works: The dividend yield is calculated by dividing the annual dividend payment by the current price of the share.

For example, if a share pays an annual dividend of $ 2 and currently costs $ 50, the dividend yield is 4% ($ 2/50). However, if the share price increases to $ 60, the dividend yield drops to 3.33% ($ 2/60). If the share price falls to $ 40, the dividend yield increases to 5% ($ 2/40).

Similarly, changes in the dividend payment can affect the return. If a company increases its dividend, the return also increases, provided the share price remains the same. If the dividend payment is reversed, the return will also decrease.

MRVL Price action: Marvell Technology’s shares increased by 2.9% of USD 88.33 on Tuesday.

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