Avnet's latest quarterly dividend was on Dec 6, 2022 (ex-date) with a payout of $0.29 per share. On an annualized basis, the company has a current payout of $1.1 per share. This brings the dividend yield to 2.35% based on its recent close price.
AVT has a dividend yield of 2.35% which is above the Technology sector average but below its peers average. Compared to its Technology sector average of 1.56%, Avnet's dividend yield is 51% higher. Historically AVT's dividend yield has averaged at 2.2% in the last 5 years, which is below the current yield.
Avnet has a long history of dividend payments, including the last nine consecutive years with dividend payouts. AVT has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 21% for the last twelve months. And with the price of the stock up by 17% from a year ago, the dividend yield has an increase of 3.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 6, 2022 | Dec 21, 2022 | Nov 17, 2022 | $0.29 | normal |
| Sep 13, 2022 | Sep 28, 2022 | Aug 31, 2022 | $0.29 | normal |
| Jun 7, 2022 | Jun 22, 2022 | May 24, 2022 | $0.26 | normal |
| Mar 1, 2022 | Mar 16, 2022 | Feb 16, 2022 | $0.26 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 18, 2021 | $0.24 | normal |
| Sep 3, 2021 | Sep 21, 2021 | Aug 24, 2021 | $0.24 | normal |
| Jun 8, 2021 | Jun 23, 2021 | May 25, 2021 | $0.22 | normal |
| Mar 9, 2021 | Mar 24, 2021 | Feb 18, 2021 | $0.21 | normal |
| Dec 1, 2020 | Dec 16, 2020 | Nov 17, 2020 | $0.21 | normal |
| Sep 8, 2020 | Sep 23, 2020 | Aug 4, 2020 | $0.21 | normal |
| Jun 2, 2020 | Jun 17, 2020 | May 20, 2020 | $0.21 | normal |
| Mar 3, 2020 | Mar 18, 2020 | Feb 6, 2020 | $0.21 | normal |
| Dec 3, 2019 | Dec 20, 2019 | Nov 19, 2019 | $0.21 | normal |
| Sep 10, 2019 | Sep 25, 2019 | Aug 14, 2019 | $0.21 | normal |
| Jun 4, 2019 | Jun 19, 2019 | May 20, 2019 | $0.2 | normal |
| Mar 11, 2019 | Mar 26, 2019 | Feb 7, 2019 | $0.2 | normal |
| Dec 4, 2018 | Dec 19, 2018 | Nov 16, 2018 | $0.2 | normal |
| Sep 7, 2018 | Sep 20, 2018 | Aug 29, 2018 | $0.2 | normal |
| Jun 5, 2018 | Jun 19, 2018 | May 22, 2018 | $0.19 | normal |
| Mar 12, 2018 | Feb 6, 2018 | $0.19 | normal | |
| Dec 5, 2017 | Dec 19, 2017 | Nov 10, 2017 | $0.18 | normal |
| Sep 5, 2017 | Aug 11, 2017 | $0.18 | normal | |
| Sep 1, 2017 | Sep 15, 2017 | Aug 11, 2017 | $0.18 | normal |
| Jun 5, 2017 | May 11, 2017 | $0.18 | normal | |
| Jun 2, 2017 | Jun 19, 2017 | May 11, 2017 | $0.18 | normal |
| Mar 13, 2017 | Feb 28, 2017 | $0.18 | normal | |
| Mar 10, 2017 | Mar 28, 2017 | Feb 28, 2017 | $0.18 | normal |
| Dec 5, 2016 | Nov 11, 2016 | $0.17 | normal | |
| Dec 2, 2016 | Dec 19, 2016 | Nov 11, 2016 | $0.17 | normal |
| Sep 6, 2016 | Aug 12, 2016 | $0.17 | normal | |
| Sep 2, 2016 | Sep 16, 2016 | Aug 12, 2016 | $0.17 | normal |
| Jun 6, 2016 | May 13, 2016 | $0.17 | normal | |
| Jun 3, 2016 | Jun 20, 2016 | May 13, 2016 | $0.17 | normal |
AVT has a payout ratio of 12.2% which is lower than the Technology sector and its peers average. In comparison with the Technology sector average of 29.3%, Avnet's payout ratio is 58% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| INTC Intel Corp | 4.82% | $1.46 | 74.9% |
| IBM International Business Machines Corp | 4.81% | $6.59 | 464.1% |
| HPQ Hp Inc | 3.32% | $1.01 | 32.8% |
| AVT Avnet Inc | 2.35% | $1.1 | 12.2% |
| RELL Richardson Electronics Ltd | 1% | $0.24 | 14% |
Yes, Avnet has paid four dividends in the last twelve months. AVT has been paying dividends since 2014.
At this point we don't have a record of AVT's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Avnet's last dividend ex-date was on Dec 6, 2022. The dividend amount was $0.29 per share.
AVT has paid dividend of $1.1 per share in the last year.
The current dividend yield of Avnet is 2.35%.
Avnet pays dividends quarterly.
Avnet's dividend payout ratio is 12.2%.
Avnet's dividend yield is above the Technology sector average.