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Avnet Declares Regular Quarterly Dividend

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Rhea-AI Summary

Avnet, a global technology solutions provider, announced a quarterly cash dividend of $0.21 per share on November 16, 2020. This dividend will be paid on December 16, 2020 to shareholders recorded by the close of business on December 2, 2020. The company continues to demonstrate its commitment to returning capital to shareholders while delivering innovative solutions across the product lifecycle.

Positive
  • Quarterly cash dividend of $0.21 per share reflects company confidence and provides income to shareholders.
  • Dividend payment on December 16 enhances shareholder value.
Negative
  • None.

PHOENIX--()--Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on November 16, 2020, its Board of Directors approved a regular quarterly cash dividend of $.21 per share. The dividend will be paid on December 16, 2020 to shareholders of record as of the close of business on December 2, 2020.

About Avnet

Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped 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.

Contacts

Investor Relations Contact
Joe Burke, 480-643-7431
Joseph.Burke@avnet.com

Media Relations Contact
Jeanne Forbis, 480-643-7499
Jeanne.Forbis@avnet.com

FAQ

What is the amount of Avnet's dividend announced in November 2020?

Avnet announced a quarterly cash dividend of $0.21 per share.

When will Avnet pay the dividend announced in November 2020?

The dividend will be paid on December 16, 2020.

What is the record date for Avnet's dividend payment?

The record date for the dividend payment is December 2, 2020.

How often does Avnet pay dividends?

Avnet typically pays dividends quarterly, as confirmed by the recent announcement.

Avnet, Inc.

NASDAQ:AVT

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