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Avnet Declares Regular Quarterly Dividend

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dividends
Rhea-AI Summary

Avnet (AVT) announced a quarterly cash dividend of $.21 per share, approved by its Board of Directors on February 18, 2021. The dividend will be distributed on March 24, 2021 to shareholders on record as of March 10, 2021. This move reflects the company's commitment to returning value to its shareholders.

Positive
  • Regular quarterly cash dividend of $.21 per share enhances income for shareholders.
  • Demonstrates company confidence in its financial stability.
Negative
  • None.

Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on February 18, 2021, its Board of Directors approved a regular quarterly cash dividend of $.21 per share. The dividend will be paid on March 24, 2021 to shareholders of record as of the close of business on March 10, 2021.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for an entire century. We support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com. (AVT_IR)

Visit the Avnet Investor Relations website at ir.avnet.com or contact us at investorrelations@avnet.com.

FAQ

What is the dividend amount and payment date for Avnet (AVT)?

Avnet (AVT) declared a dividend of $.21 per share, payable on March 24, 2021.

Who is eligible for the Avnet (AVT) dividend?

Shareholders of record as of March 10, 2021, are eligible for the dividend.

How often does Avnet (AVT) pay dividends?

Avnet typically pays dividends quarterly.

Is the dividend payout from Avnet (AVT) sustainable?

The sustainability of the dividend depends on Avnet's financial performance and cash flow.

Avnet, Inc.

NASDAQ:AVT

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