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VERNON HILLS, Ill. - CDW Corporation (NASDAQ:CDW), a prominent provider of IT solutions currently trading at $163.93, has declared a quarterly cash dividend of $0.625 per common share, payable on June 10, 2025, to shareholders on record as of May 26, 2025. According to InvestingPro analysis, the company appears slightly undervalued at current levels, with a dividend yield of 1.53%. The announcement today underscores the company’s ongoing strategy to enhance stockholder value, as outlined by Chief Financial Officer Albert J. Miralles.
Miralles highlighted the significance of dividends in the company’s capital allocation strategy, which also includes share repurchases, strategic mergers and acquisitions (M&A), and managing the capital structure. Since its initial public offering in June 2013, CDW’s dividend has increased nearly fifteen-fold, marking eleven consecutive years of dividend growth. The company has returned roughly $7.4 billion to stockholders through share repurchases and dividends.
CDW, a Fortune 500 company and member of the S&P 500 Index, has been delivering IT solutions to a diverse range of sectors, including business, government, education, and healthcare, in the United States, the United Kingdom, and Canada for 40 years. The company aims to help customers maximize their technology investments amid the complex IT market landscape.
The forward-looking statements in the press release, such as future dividends and strategic plans, are subject to risks and uncertainties that could cause actual results to differ materially. CDW has expressed its belief in the reasonableness of its plans and expectations but acknowledges the inherent risks involved.
The information provided is based on a press release statement, and any future declarations by the company regarding dividends will require approval by CDW’s Board of Directors. The company’s Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent filings with the SEC contain a more detailed discussion of potential risks and forward-looking statements.
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