Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
Avnet Dividend Announcement
• Avnet announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-11
• Avnet annual dividend for 2024 was $0.95
• Avnet annual dividend for 2023 was $1.20
• Avnet's trailing twelve-month (TTM) dividend yield is 2.86%
• Avnet's payout ratio for the trailing twelve months (TTM) is 32.29%
• Avnet's dividend growth over the last five years (2018-2023) was 9.00% year
• Avnet's dividend growth over the last ten years (2013-2023) was 14.87% year
Avnet Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-11 | $0.33 | quarterly | 2024-09-25 |
| 2024-06-05 | $0.31 | quarterly | 2024-06-18 |
| 2024-03-05 | $0.31 | quarterly | 2024-03-20 |
| 2023-12-05 | $0.31 | quarterly | 2023-12-20 |
| 2023-09-12 | $0.31 | quarterly | 2023-09-27 |
| 2023-06-06 | $0.29 | quarterly | 2023-06-21 |
| 2023-02-28 | $0.29 | quarterly | 2023-03-15 |
| 2022-12-06 | $0.29 | quarterly | 2022-12-21 |
| 2022-09-13 | $0.29 | quarterly | 2022-09-28 |
| 2022-06-07 | $0.26 | quarterly | 2022-06-22 |
| 2022-03-01 | $0.26 | quarterly | 2022-03-16 |
| 2021-11-30 | $0.24 | quarterly | 2021-12-15 |
| 2021-09-03 | $0.24 | quarterly | 2021-09-21 |
| 2021-06-08 | $0.22 | quarterly | 2021-06-23 |
| 2021-03-09 | $0.21 | quarterly | 2021-03-24 |
| 2020-12-01 | $0.21 | quarterly | 2020-12-16 |
| 2020-09-08 | $0.21 | quarterly | 2020-09-23 |
| 2020-06-02 | $0.21 | quarterly | 2020-06-17 |
| 2020-03-03 | $0.21 | quarterly | 2020-03-18 |
| 2019-12-03 | $0.21 | quarterly | 2019-12-20 |
| 2019-09-10 | $0.21 | quarterly | 2019-09-25 |
| 2019-06-04 | $0.20 | quarterly | 2019-06-19 |
| 2019-03-11 | $0.20 | quarterly | 2019-03-26 |
| 2018-12-04 | $0.20 | quarterly | 2018-12-19 |
| 2018-09-07 | $0.20 | quarterly | 2018-09-20 |
| 2018-06-05 | $0.19 | quarterly | 2018-06-19 |
| 2018-03-12 | $0.19 | quarterly | 2018-03-27 |
| 2017-12-05 | $0.18 | quarterly | 2017-12-19 |
| 2017-09-01 | $0.18 | quarterly | 2017-09-15 |
| 2017-06-02 | $0.18 | quarterly | 2017-06-19 |
| 2017-03-10 | $0.18 | quarterly | 2017-03-28 |
| 2016-12-02 | $0.17 | quarterly | 2016-12-19 |
| 2016-09-02 | $0.17 | quarterly | 2016-09-16 |
| 2016-06-03 | $0.17 | quarterly | 2016-06-20 |
| 2016-02-26 | $0.17 | quarterly | 2016-03-14 |
| 2015-11-27 | $0.17 | quarterly | 2015-12-14 |
| 2015-09-04 | $0.17 | quarterly | 2015-09-18 |
| 2015-05-29 | $0.16 | quarterly | 2015-06-15 |
| 2015-02-27 | $0.16 | quarterly | 2015-03-16 |
| 2014-11-28 | $0.16 | quarterly | 2014-12-15 |
| 2014-09-04 | $0.16 | quarterly | 2014-09-19 |
| 2014-05-30 | $0.15 | quarterly | 2014-06-16 |
| 2014-02-28 | $0.15 | quarterly | 2014-03-17 |
| 2013-11-29 | $0.15 | quarterly | 2013-12-16 |
| 2013-09-06 | $0.15 | quarterly | 2013-09-20 |
Avnet Dividend per year
Avnet Dividend growth
Avnet Dividend Yield
Avnet current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing Avnet stock? Use our calculator to estimate your expected dividend yield:
Avnet Financial Ratios
P/E ratio14.06
PEG ratio-0.99
P/B ratio0.39
ROE5.06%
Payout ratio32.29%
Current ratio2.25
Quick ratio1.07
Cash Ratio0.06
Avnet Dividend FAQ
How much is the next Avnet dividend?
Avnet's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Avnet dividend. The next Avnet dividend will be released in February, June, September, or December.
When is Avnet dividend paid?
Avnet pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Avnet pay?
The specific amount of Avnet dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avnet's dividend history.
Does Avnet stock pay dividends?
Yes, Avnet does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avnet's dividend history.
How much dividend does Avnet pay?
Avnet paid $0.95 in 2024, $1.2 in 2023, $1.1 in 2022, $0.91 in 2021, and $0.84 in 2020.
How often does Avnet pay dividends?
Avnet typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, June, September, and December.
What is Avnet's dividend yield?
The current dividend yield for Avnet is 2.86%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Avnet's exact dividend yield.
When does Avnet go ex dividend?
Avnet's ex-dividend date for the latest dividend was on 2024-09-11. Avnet typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Avnet dividend paid?
Avnet pays dividends on a quarterly basis, typically around February, June, September, or December, but the exact dates can vary each year.
Will Avnet increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Avnet will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Avnet dividend per share?
Avnet paid $0.95 per share in 2024 and $1.2 per share in 2023. The amount of dividend per share that Avnet pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Avnet a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Avnet a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Avnet a dividend stock?
Yes, Avnet is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Avnet a good dividend stock?
Whether Avnet is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Avnet has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Avnet as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Avnet as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Avnet pay dividends monthly?
Avnet typically pays dividends on a quarterly basis.
Does Avnet pay dividends quarterly?
Avnet currently pays dividends on a quarterly basis.
Has Avnet ever paid a dividend?
Yes, Avnet has a history of paying dividends to its shareholders. Avnet is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Avnet dividend stocks?
To buy Avnet you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Avnet stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Avnet stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Avnet pay dividends 2024?
Avnet pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Avnet increase its dividend in 2024?
Decisions regarding Avnet dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Avnet dividend overview you can look into the above table of dividend history.
How Avnet dividend works?
The Avnet dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Avnet's dividend process works:
1. Determination of Dividend: Avnet's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avnet publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avnet distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avnet are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Avnet's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avnet publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avnet distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avnet are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Avnet dividends paid?
Avnet dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Avnet sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avnet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avnet declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Avnet sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avnet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avnet declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Avnet pay dividends?
Avnet typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Avnet pay dividends?
The general pattern is that Avnet pays dividends around February, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Avnet dividend safe?
The safety of Avnet's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Avnet's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avnet's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Avnet's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avnet's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.