Marvell Stock: How To Earn $500 A Month Ahead Of Q3 Earnings - Marvell Tech (NASDAQ:MRVL)

Core Insights - Marvell Technology, Inc. is set to release its third-quarter earnings on December 2, with analysts predicting earnings of 74 cents per share, an increase from 43 cents per share in the same quarter last year [1] - The expected quarterly revenue for Marvell is $2.07 billion, up from $1.52 billion a year earlier [1] Dividend Information - Marvell currently offers an annual dividend yield of 0.27%, translating to a quarterly dividend of 6 cents per share [2] - To achieve a monthly income of $500 from dividends, an investment of approximately $2,235,000 or around 25,000 shares is required, while a more modest goal of $100 per month would need about $447,000 or 5,000 shares [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, with examples illustrating how changes in stock price affect the yield [3] - An increase in dividend payments will raise the yield if the stock price remains constant, while a decrease in dividends will lower the yield [4] Stock Performance - Marvell's shares rose by 1% to close at $77.45 on the last trading day [4] - Analyst Christopher Rolland from Susquehanna has maintained a Positive rating on Marvell and raised the price target from $80 to $100 [4]