{"id":531033,"date":"2021-08-24T16:08:10","date_gmt":"2021-08-24T20:08:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\/"},"modified":"2021-08-24T16:08:10","modified_gmt":"2021-08-24T20:08:10","slug":"avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\/","title":{"rendered":"Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting"},"content":{"rendered":"

<\/p>\n

Avnet Increases Quarterly Dividend by 9.1% <\/b>and Announces Annual Shareholder Meeting<\/b><\/p>\n

PHOENIX–(BUSINESS WIRE<\/a>)–Avnet<\/a> (Nasdaq: AVT<\/a>), a leading global technology solutions company, announced that its Board of Directors has approved a 9.1% increase in the quarterly cash dividend to $0.24 per share. The dividend will be paid on September 21, 2021 to shareholders of record as of the close of business on September 7, 2021.\n<\/p>\n

\n\u201cWe are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our balanced capital allocation strategy,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis increase follows strong performance in our 2021 fiscal year and is a reflection of our confidence in our financial position, robust cash generation and ability to promote continued growth and value creation for Avnet stakeholders.\u201d\n<\/p>\n

\nThe Board has also scheduled Avnet\u2019s Annual Shareholder Meeting for Thursday, November 18, 2021, at 8:00 a.m. PST\/Arizona time. In consideration of the continuing public health impact of the coronavirus (COVID-19) pandemic, the meeting will be held as a hybrid meeting, meaning shareholders can attend either virtually via live webcast or in person at Avnet\u2019s Corporate Headquarters located at: 2211 South 47th<\/sup> Street, Phoenix, Ariz. 85034. The record date for determining the common shareholders entitled to vote at the meeting has been set at the close of business on September 20, 2021.\n<\/p>\n

About Avnet<\/b><\/p>\n

\nAs a leading global technology distributor and solutions provider, Avnet has served customers\u2019 evolving needs for an entire century. We support customers at each stage of a product\u2019s 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<\/a>. (AVT_IR)\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210824005720\/en\/<\/a><\/span><\/p>\n

Investor Relations Contact
\n<\/b>
Joe Burke, 480-643-7431
\n
Joseph.Burke@avnet.com<\/a><\/p>\n

Media Relations Contact
\n<\/b>
Jeanne Forbis, 480-643-7499
\n
Jeanne.Forbis@avnet.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Arizona<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Technology Other Technology<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting PHOENIX–(BUSINESS WIRE)–Avnet (Nasdaq: AVT), a leading global technology solutions company, announced that its Board of Directors has approved a 9.1% increase in the quarterly cash dividend to $0.24 per share. The dividend will be paid on September 21, 2021 to shareholders of record as of the close of business on September 7, 2021. \u201cWe are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our balanced capital allocation strategy,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis increase follows strong performance in our 2021 fiscal year and is a reflection of our confidence in our financial position, robust … <\/p>\n

Continue reading “Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531033","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAvnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting PHOENIX–(BUSINESS WIRE)–Avnet (Nasdaq: AVT), a leading global technology solutions company, announced that its Board of Directors has approved a 9.1% increase in the quarterly cash dividend to $0.24 per share. The dividend will be paid on September 21, 2021 to shareholders of record as of the close of business on September 7, 2021. \u201cWe are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our balanced capital allocation strategy,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis increase follows strong performance in our 2021 fiscal year and is a reflection of our confidence in our financial position, robust … Continue reading "Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-24T20:08:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210824005720r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting\",\"datePublished\":\"2021-08-24T20:08:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/\"},\"wordCount\":374,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210824005720r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-9-1-and-announces-annual-shareholder-meeting\\\/\",\"name\":\"Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting - 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