Avnet Increases Quarterly Dividend by 7%
29 Agosto 2023 - 5:15PM
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.
“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)
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Investor Relations Contact
InvestorRelations@Avnet.com
Media Relations Contact Jeanne Forbis, 480-643-7499
Jeanne.Forbis@avnet.com
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