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VERNON HILLS, Ill. - CDW Corporation (NASDAQ:CDW) announced Tuesday that its Board of Directors has declared a quarterly cash dividend of $0.630 per common share, representing a 1% increase over last year's dividend. The technology solutions provider, currently trading at a P/E ratio of 19.2, offers investors a dividend yield of 1.61%.
The dividend will be paid on December 10, 2025, to stockholders of record as of the close of business on November 25, 2025. The company stated that the amount aligns with its target of 25% of trailing-twelve-month Non-GAAP net income through September 30, 2025. According to InvestingPro analysis, CDW appears slightly undervalued based on its Fair Value assessment, with the company scheduled to report its next earnings on November 4, 2025.
"Dividends represent an important component of our capital allocation priorities, along with share repurchases, strategic M&A and managing our capital structure," said Albert J. Miralles, chief financial officer at CDW.
According to the company's press release statement, CDW has increased its dividend nearly fifteen-fold since its IPO in June 2013, marking twelve consecutive years of increases. The company has returned approximately $7.9 billion to stockholders through share repurchases and dividends during this period.
CDW Corporation is a provider of information technology solutions to business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company is listed on the Nasdaq exchange and is a member of both the Fortune 500 and the S&P 500 Index.
Future dividends will be subject to approval by CDW's Board of Directors.
In other recent news, CDW Corporation reported impressive second-quarter results, surpassing analyst expectations. The company achieved revenues of $5.98 billion and earnings per share of $2.60, outperforming the anticipated $5.51 billion in revenue and $2.49 earnings per share. This marks a 10% year-over-year sales growth, with notable strength in the hardware and solutions sectors. Evercore ISI reiterated an "Outperform" rating for CDW, highlighting the company's strong earnings performance.
Additionally, CDW announced that Sona Chawla, Chief Growth and Innovation Officer, will retire at the end of 2025. Mukesh Kumar, currently Chief Services and Solutions Officer, will take on an expanded role integrating technology, services, and product management. In other leadership news, CDW executive Chris Corley has been appointed to the Board of Directors for BlueLinx Holdings Inc. These developments reflect ongoing changes and achievements within CDW Corporation.
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