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Avnet Declares Regular Quarterly Dividend of $0.29

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Rhea-AI Summary

Avnet, Inc. (NASDAQ: AVT) announced a quarterly cash dividend of $0.29 per share, approved by its Board of Directors on February 15, 2023. The dividend will be distributed on March 15, 2023, to shareholders recorded on March 1, 2023. This move reflects Avnet's commitment to returning value to its investors as the company continues to support customers at every stage of the product lifecycle for over a century.

Positive
  • Declaration of a quarterly cash dividend of $0.29 per share.
  • Dividend payment scheduled for March 15, 2023, shows commitment to shareholder value.
Negative
  • None.

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions company, today announced that on Feb. 15, 2023, its Board of Directors approved a regular quarterly cash dividend of $0.29 per share. The dividend will be paid on March 15, 2023 to shareholders of record as of the close of business on March 1, 2023.

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)

Investor Relations Contact

Joe Burke, 480-643-7431

Joseph.Burke@avnet.com

Media Relations Contact

Jeanne Forbis, 480-643-7499

Jeanne.Forbis@avnet.com

Source: Avnet

FAQ

What is the dividend amount announced by Avnet (AVT)?

Avnet has announced a quarterly cash dividend of $0.29 per share.

When will Avnet's dividend be paid?

The dividend will be paid on March 15, 2023.

When is the record date for Avnet's dividend?

The record date for the dividend is March 1, 2023.

Avnet, Inc.

NASDAQ:AVT

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