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Avnet Increases Quarterly Dividend by 5.7%

Business Wire•20/08/2026•19:00 ET
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Whiz Insights

Avnet, Inc. (Nasdaq: AVT ), a leading global technology distributor and solutions provider, announced that its Board of Directors has approved a 5.7% increase in the quarterly cash dividend to $0.37 per share. The dividend will be paid on September 23, 2026, to shareholders of record as of the close of business on September 9, 2026.

“The Board’s decision to increase our quarterly dividend reinforces Avnet’s commitment to delivering consistent and dependable returns to shareholders,” said Phil Gallagher, Avnet’s Chief Executive Officer. “Supported by our financial strength and disciplined capital allocation strategy, we remain focused on returning value to shareholders while investing for sustainable, long-term growth.”

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