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Avnet (AVT) Dividend Yield % : 2.41% (As of Dec. 11, 2024)


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What is Avnet Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Avnet is 2.41%.

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

AVT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.33   Med: 1.96   Max: 3.56
Current: 2.41

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

AVT's Dividend Yield % is ranked better than
56.25% of 1353 companies
in the Hardware industry
Industry Median: 2.05 vs AVT: 2.41

Avnet's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.36.

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.

As of today (2024-12-11), the Forward Dividend Yield % of Avnet is 2.41%.

Avnet's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Avnet's Dividend Yield % 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 Yield % Chart

Avnet Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 2.12 2.33 2.30 2.41

Avnet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 2.45 2.38 2.46 2.41 2.32

Competitive Comparison of Avnet's Dividend Yield %

For the Electronics & Computer Distribution subindustry, Avnet's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Hardware Industry

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

* The bar in red indicates where Avnet's Dividend Yield % falls into.



Avnet Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Avnet Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3300002024-12-042024-12-042024-12-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.3300002024-09-112024-09-112024-09-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.3100002024-06-052024-06-052024-06-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.3100002024-03-052024-03-062024-03-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Avnet's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.28/54.20
=2.36 %

Current Share Price is $54.20.
Avnet's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.28.

Avnet's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.32/54.20
=2.44 %

Current Share Price is $54.20.
Avnet's Dividends per Share for the forward twelve months is calculated as $0.33 * 4 = $1.32.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Avnet Dividend Yield % Related Terms

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


Avnet Business Description

Traded in Other Exchanges
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
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