Avnet, Inc. announced on August 21, 2025, that its Board of Directors approved a 6% increase in its regular quarterly cash dividend. This decision reflects the company's commitment to providing consistent returns to its shareholders.
The previous quarterly dividend was $0.33 per share. With a 6% increase, the new quarterly dividend is approximately $0.35 per share. This change demonstrates management's confidence in Avnet's financial stability and its ability to generate sustainable cash flows.
A dividend increase is often viewed positively by investors as it signals a healthy financial position and a commitment to shareholder value. This move can enhance the attractiveness of Avnet's stock to income-focused investors.
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