Avnet quarterly dividend increases by 5.5%

Avnet (NYSE: AVT), a global technology distributor, has announced that its board of directors approved a 5.5% increase in the quarterly cash dividend to USD 0.19 per share, the company said.

The dividend will be paid on March 27, 2018, to shareholders of record as of the close of business on March 13, 2018.

From idea to design and from prototype to production, Avnet supports customers at each stage of a product´s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.