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|AVT Dividend History|
|AVT Stock Split History|
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Avnet (AVT) has 2 splits in our AVT split history database. The first split for AVT took place on February 16, 1983. This was a 2 for 1 split, meaning for each share of AVT owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. AVT's second split took place on September 29, 2000. This was a 2 for 1 split, meaning for each share of AVT owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Avnet splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the AVT split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Avnet shares, starting with a $10,000 purchase of AVT, presented on a split-history-adjusted basis factoring in the complete AVT split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||3.12%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||2.91%|
|Avnet is a technology solutions company with an ecosystem delivering design, product, marketing and supply chain knowledge for customers at every stage of the product lifecycle. Co.'s primary operating groups are: Electronic Components, which markets, sells and distributes electronic components including semiconductors, interconnect, passive and electromechanical components and other integrated components from electronic component manufacturers; and Premier Farnell, which distributes a portfolio of kits, tools, electronic components and industrial automation components, as well as test and measurement products to both engineers and entrepreneurs. According to our AVT split history records, Avnet has had 2 splits.|
|AVT Split History Table|
|02/16/1983||2 for 1|
|09/29/2000||2 for 1|
|Industrials Stock Splits|
|AVT is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: AVT shares outstanding history