Avnet Dividend Insights and Recent Developments Ahead of Ex-Dividend Date Jun 4, 2025
CashCowSaturday, May 31, 2025 7:03 pm ET
1min readAvnet (AVT) has recently announced a dividend of $0.330 per share, which is set to go ex-dividend on Jun 4, 2025, with the payment date scheduled for Jun 18, 2025. This dividend matches the previous payout on Mar 19, 2025, and is notably higher than the average of the last 10 dividends, which stood at $0.253 per share. The nature of this dividend is a cash distribution. Such consistency in dividend payouts underscores Avnet's commitment to returning value to its shareholders through regular cash dividends.
In recent developments, over the past week, has been in the spotlight due to several significant occurrences. Firstly, Avnet announced a leadership change at Avnet Abacus, with Mario Merino set to succeed Rudy Van Parijs as President effective Jul 1, 2025. This transition is crucial as it reflects the company's strategic leadership realignment and may impact its operational direction.
Additionally, there has been notable movement in the company's stock ownership; Mackenzie Financial Corp has increased its stake in Avnet by 12.3% during the fourth quarter. This action signals confidence in Avnet's financial health and future prospects. Conversely, Cetera Investment Advisers reduced their holdings in the company by 6.7% during the same period. Such contrasting actions from major investors highlight the dynamic market sentiment surrounding Avnet as of late.
Recently, Avnet's stock performance has gained attention as well. Since the last earnings report, Avnet shares have risen by 3.8%, although this growth has lagged behind the broader S&P 500 index. This performance reflects ongoing market evaluations of Avnet's earnings and its competitive standing within the industry.
In conclusion, Avnet continues to maintain a consistent dividend policy, offering $0.330 per share as it approaches its ex-dividend date on Jun 4, 2025. Investors should be mindful that this date is the last opportunity to purchase shares to qualify for the upcoming dividend distribution. Any acquisitions post this date will not be eligible for the current dividend round.
In recent developments, over the past week, has been in the spotlight due to several significant occurrences. Firstly, Avnet announced a leadership change at Avnet Abacus, with Mario Merino set to succeed Rudy Van Parijs as President effective Jul 1, 2025. This transition is crucial as it reflects the company's strategic leadership realignment and may impact its operational direction.
Additionally, there has been notable movement in the company's stock ownership; Mackenzie Financial Corp has increased its stake in Avnet by 12.3% during the fourth quarter. This action signals confidence in Avnet's financial health and future prospects. Conversely, Cetera Investment Advisers reduced their holdings in the company by 6.7% during the same period. Such contrasting actions from major investors highlight the dynamic market sentiment surrounding Avnet as of late.
Recently, Avnet's stock performance has gained attention as well. Since the last earnings report, Avnet shares have risen by 3.8%, although this growth has lagged behind the broader S&P 500 index. This performance reflects ongoing market evaluations of Avnet's earnings and its competitive standing within the industry.
In conclusion, Avnet continues to maintain a consistent dividend policy, offering $0.330 per share as it approaches its ex-dividend date on Jun 4, 2025. Investors should be mindful that this date is the last opportunity to purchase shares to qualify for the upcoming dividend distribution. Any acquisitions post this date will not be eligible for the current dividend round.
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