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Avnet Declares Regular Quarterly Dividend

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Avnet, a global technology solutions provider, announced a quarterly cash dividend of $0.26 per share, approved by its Board of Directors on Feb. 16, 2022. The dividend will be distributed on March 16, 2022 to shareholders recorded by the close of business on March 2, 2022. This reflects the company’s commitment to returning value to shareholders while supporting its ongoing business operations.

Positive
  • Quarterly cash dividend of $0.26 per share indicates strong cash flow.
  • Dividend payment signifies confidence in ongoing business operations.
Negative
  • None.

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on Feb. 16, 2022, its Board of Directors approved a regular quarterly cash dividend of $0.26 per share. The dividend will be paid on March 16, 2022 to shareholders of record as of the close of business on March 2, 2022.

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 for Avnet (AVT)?

Avnet (AVT) has announced a quarterly dividend of $0.26 per share.

When will Avnet's (AVT) dividend be paid?

The dividend will be paid on March 16, 2022.

What is the record date for Avnet's (AVT) dividend?

The record date for Avnet's dividend is March 2, 2022.

Avnet, Inc.

NASDAQ:AVT

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Electronics & Computer Distribution
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United States of America
PHOENIX