PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (NYSE:AVT) announced today that its Board of Directors approved a 6.25 percent increase in the quarterly cash dividend to $0.17 per share. The dividend will be paid on September 18, 2015 to shareholders of record as of the close of business on September 9, 2015. In addition, Avnet’s Board of Directors approved an expansion of its current share repurchase authorization by $250 million. Since the inception of the repurchase program in August of 2011, Avnet ha