{"id":780802,"date":"2023-08-29T17:10:32","date_gmt":"2023-08-29T21:10:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-7\/"},"modified":"2023-08-29T17:10:32","modified_gmt":"2023-08-29T21:10:32","slug":"avnet-increases-quarterly-dividend-by-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-7\/","title":{"rendered":"Avnet Increases Quarterly Dividend by 7%"},"content":{"rendered":"

<\/p>\n

Avnet Increases Quarterly Dividend by 7%<\/b><\/p>\n

PHOENIX–(BUSINESS WIRE<\/a>)–
\nAvnet, Inc. (Nasdaq: AVT<\/a>), 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.<\/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 capital allocation strategy,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis 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.\u201d<\/p>\n

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

\nAs a leading global technology distributor and solutions provider, Avnet has served customers\u2019 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<\/a>. (AVT_IR)<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230829179278\/en\/<\/a><\/span><\/p>\n

Investor Relations Contact
\n<\/b>
InvestorRelations@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 Networks Internet Hardware Data Management Technology IOT (Internet of Things) Semiconductor<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Avnet Increases Quarterly Dividend by 7% PHOENIX–(BUSINESS WIRE)– 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. \u201cWe 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,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and … <\/p>\n

Continue reading “Avnet Increases Quarterly Dividend by 7%”<\/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-780802","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAvnet Increases Quarterly Dividend by 7% - 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-7\/\" \/>\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 7% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Avnet Increases Quarterly Dividend by 7% PHOENIX–(BUSINESS WIRE)– 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. \u201cWe 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,\u201d said Avnet Chief Executive Officer Phil Gallagher. \u201cThis increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and … Continue reading "Avnet Increases Quarterly Dividend by 7%"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/avnet-increases-quarterly-dividend-by-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T21:10:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230829179278r1&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=\"1 minute\" \/>\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-7\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-7\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Avnet Increases Quarterly Dividend by 7%\",\"datePublished\":\"2023-08-29T21:10:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-7\\\/\"},\"wordCount\":232,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-7\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230829179278r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-7\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avnet-increases-quarterly-dividend-by-7\\\/\",\"name\":\"Avnet Increases Quarterly Dividend by 7% - 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