Avnet Declares Regular Quarterly Dividend
Avnet, a global technology solutions provider, has announced that its Board of Directors approved a regular quarterly cash dividend of $0.31 per share on May 15, 2024. This dividend will be paid on June 19, 2024, to shareholders who are recorded by the close of business on June 5, 2024. The announcement reflects Avnet's commitment to returning value to its shareholders.
- Avnet declared a regular quarterly dividend of $0.31 per share, indicating financial stability.
- The dividend will be paid on June 19, 2024, ensuring timely returns for investors.
- The record date for shareholders is June 5, 2024, providing clarity on eligibility.
- No mention of increased dividend payments, indicating potential stagnation in shareholder returns.
- Regular quarterly dividends can imply reinvestment in business growth opportunities.
About Avnet
As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240516496199/en/
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
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