Avnet Inc. increased its quarterly cash dividend by 5.7% to $0.37 per share. This payout rises from the previous $0.35 per share.
The company will pay the dividend on September 23, 2026. Shareholders of record on September 9, 2026, qualify for the payment.
Avnet projects first-quarter sales between $9 billion and $9.3 billion. Estimated diluted earnings per share range from $2.80 to $2.90.
Zacks Research reiterated its Strong-Buy rating following the updated guidance.