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Avnet Declares Regular Quarterly Dividend

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Avnet, Inc. (AVT) has announced a quarterly cash dividend of $.24 per share, approved by its Board of Directors on November 17, 2021. The dividend payout is scheduled for December 15, 2021, to shareholders who hold shares by the close of business on December 1, 2021. This consistent dividend payment highlights Avnet's commitment to returning value to its shareholders as it continues to support customer needs across the technology lifecycle.

Positive
  • Quarterly cash dividend of $.24 per share reflects company confidence.
  • Scheduled dividend payment on December 15, 2021, enhances shareholder value.
Negative
  • None.

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on Nov. 17, 2021, its Board of Directors approved a regular quarterly cash dividend of $.24 per share. The dividend will be paid on Dec. 15, 2021 to shareholders of record as of the close of business on Dec. 1, 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.

Investor Relations Contacts

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 declared by Avnet (AVT)?

Avnet declared a quarterly cash dividend of $.24 per share.

When will Avnet's dividend be paid?

The dividend will be paid on December 15, 2021.

When is the record date for Avnet's dividend?

The record date for the dividend is December 1, 2021.

How often does Avnet pay dividends?

Avnet typically pays dividends on a quarterly basis.

Avnet, Inc.

NASDAQ:AVT

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