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Avnet (AVT) Dividend Payout Ratio : 0.36 (As of Sep. 2024)


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What is Avnet Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Avnet's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.36.

The historical rank and industry rank for Avnet's Dividend Payout Ratio or its related term are showing as below:

AVT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.93
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Avnet was 0.93. The lowest was 0.14. And the median was 0.24.

AVT's Dividend Payout Ratio is ranked better than
75.45% of 1222 companies
in the Hardware industry
Industry Median: 0.47 vs AVT: 0.27

As of today (2024-12-12), the Dividend Yield % of Avnet is 2.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Avnet was 3.56%. The lowest was 1.33%. And the median was 1.96%.

Avnet's Dividends per Share for the months ended in Sep. 2024 was $0.33.

During the past 12 months, Avnet's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Avnet was 13.40% per year. The lowest was -20.60% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Avnet Dividend Payout Ratio Historical Data

The historical data trend for Avnet's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avnet Dividend Payout Ratio Chart

Avnet Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.33 0.14 0.14 0.24

Avnet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.22 0.28 0.25 0.36

Competitive Comparison of Avnet's Dividend Payout Ratio

For the Electronics & Computer Distribution subindustry, Avnet's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Avnet's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avnet's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Avnet's Dividend Payout Ratio falls into.


Avnet Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Avnet's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2024 )/ EPS without NRI (A: Jun. 2024 )
=1.24/ 5.138
=0.24

Avnet's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.33/ 0.92
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avnet (NAS:AVT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Avnet Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Avnet's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Avnet Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (NAS:AVT) » Definitions » Dividend Payout Ratio
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Traded in Other Exchanges
VNI:Germany
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
Website
https://www.avnet.com
Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.
Executives
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Elizabeth Mcmullen officer: Global VP - Operations 2211 S 47TH ST, PHOENIX AZ 85034
Leng Jin Chan officer: CIO 2211 S 47TH ST, PHOENIX AZ 85034
Ken E. Arnold officer: SVP, Chief People Officer 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Philip R Gallagher officer: Senior Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Carlo Bozotti director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Rebeca Obregon-jimenez officer: SVP 3748 E MARE COURT, PHOENIX AZ 85044
Thomas Liguori officer: Chief Financial Officer ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
William H Schumann director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Kenneth A Jacobson officer: Interim CFO 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Dayna Badhorn officer: Global VP, Strategic Planning 2211 S 47TH ST, PHOENIX AZ 85034
Oleg Khaykin director
Maryann G. Miller officer: Sr. Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Michael Ryan Mccoy officer: SVP, General Counsel 2211 SOUTH 47TH STREET, PHOENIX AZ 85034