Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Avnet Increases Quarterly Dividend by 7% By: Avnet via Business Wire August 29, 2023 at 16:15 PM EDT Avnet, Inc. (Nasdaq: AVT), a leading global technology distributor and solutions company, announced that its Board of Directors has approved a 7% increase in the quarterly cash dividend to $0.31 per share. The dividend will be paid on September 27, 2023 to shareholders of record as of the close of business on September 13, 2023. “We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our capital allocation strategy,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and ability to drive continued growth and value creation for Avnet stakeholders.” 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) View source version on businesswire.com: https://www.businesswire.com/news/home/20230829179278/en/Contacts Investor Relations Contact InvestorRelations@Avnet.com Media Relations Contact Jeanne Forbis, 480-643-7499 Jeanne.Forbis@avnet.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Avnet Increases Quarterly Dividend by 7% By: Avnet via Business Wire August 29, 2023 at 16:15 PM EDT Avnet, Inc. (Nasdaq: AVT), a leading global technology distributor and solutions company, announced that its Board of Directors has approved a 7% increase in the quarterly cash dividend to $0.31 per share. The dividend will be paid on September 27, 2023 to shareholders of record as of the close of business on September 13, 2023. “We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our capital allocation strategy,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and ability to drive continued growth and value creation for Avnet stakeholders.” 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) View source version on businesswire.com: https://www.businesswire.com/news/home/20230829179278/en/Contacts Investor Relations Contact InvestorRelations@Avnet.com Media Relations Contact Jeanne Forbis, 480-643-7499 Jeanne.Forbis@avnet.com
Avnet, Inc. (Nasdaq: AVT), a leading global technology distributor and solutions company, announced that its Board of Directors has approved a 7% increase in the quarterly cash dividend to $0.31 per share. The dividend will be paid on September 27, 2023 to shareholders of record as of the close of business on September 13, 2023. “We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our capital allocation strategy,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and ability to drive continued growth and value creation for Avnet stakeholders.” 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) View source version on businesswire.com: https://www.businesswire.com/news/home/20230829179278/en/
Investor Relations Contact InvestorRelations@Avnet.com Media Relations Contact Jeanne Forbis, 480-643-7499 Jeanne.Forbis@avnet.com