Avnet Increases Quarterly Dividend by 5.7% to $0.37 Per Share

Avnet, Inc., a Phoenix-based global technology distributor and solutions provider trading on the Nasdaq under the ticker AVT, announced on August 20, 2026, that its Board of Directors approved a 5.7% increase in its quarterly cash dividend, raising the payout to $0.37 per share. The upcoming dividend will be distributed on September 23, 2026, to shareholders registered as of the close of business on September 9, 2026, according to official corporate disclosures reported by Business Wire.

Reinforcing Shareholder Returns Through Disciplined Capital Allocation

The decision to elevate the quarterly payout reflects management’s ongoing focus on delivering consistent value to investors while maintaining a sturdy balance sheet. According to statements released by Avnet Chief Executive Officer Phil Gallagher, the increased distribution highlights the company’s financial strength and its structured approach to capital allocation.

“The Board’s decision to increase our quarterly dividend reinforces Avnet’s commitment to delivering consistent and dependable returns to shareholders,” Phil Gallagher stated via Business Wire. Gallagher added that the organization remains dedicated to balancing shareholder returns with sustained investments for long-term growth.

Operational Footprint and Supply Chain Context

Headquartered in Phoenix, Arizona, Avnet operates as a central node in the global technology supply chain, supporting customers and suppliers through more than a century of industry evolution. The firm connects design and supply stages across product lifecycles, helping commercial partners accelerate time-to-market for modern hardware and semiconductor innovations.

The corporation manages its investor communications through dedicated channels, directing inquiries to its official Investor Relations portal or via direct correspondence at [email protected], with media inquiries managed by Liam Creighton.

Timeline and Payout Schedule Details

Market participants tracking the AVT equity action must note two crucial upcoming calendar dates for the September disbursement:

• Record Date: September 9, 2026 (close of business)
• Payment Date: September 23, 2026

As Avnet enters the final stretch of fiscal 2026, the 5.7% dividend bump stands as a tangible marker of operational resilience in a demanding technology sector.