Avnet (AVT) Declares $0.16 Quarterly Dividend; Adds $250M to Buyback Plan

Avnet (NYSE: AVT) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on December 15, 2014, to stockholders of record on December 2, 2014, with an ex-dividend date of November 28, 2014.

The annual yield on the dividend is 1.5 percent.

The company also announced approval by the company’s Board of Directors of an additional $250 million for use in the company’s stock repurchase program.

For a dividend history and other dividend-related data on Avnet (AVT) click here.

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