On February 18, 2022, Avnet (AVT) announced a 8.3% dividend hike to $0.26 quarterly per share. The next AVT dividend will be paid on March 16, 2022 to shareholders of record as of the close of business on March 2, 2022. This marks 9 consecutive years of increased dividends by Avnet.

Avnet, Inc. is a technology solutions company. Avnet's two primary operating groups are Electronic Components (EC) and Farnell. Both have operations in the Americas, Europe, Middle East and Africa and Asia/Pacific. Electronic Components markets, sells and distributes electronic components including semiconductors, interconnect, passive and electromechanical components and other integrated components. EC serves a variety of markets ranging from automotive to medical to defense and aerospace. Farnell distributes kits, tools, electronic components and industrial automation components, as well as test and measurement products to both engineers and entrepreneurs. Avnet was founded in 1921 and incorporated in New York in 1955.