CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.
CDW Dividend Announcement
• CDW announced a quarterly dividend of $0.62 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-11-25
• CDW annual dividend for 2024 was $2.49
• CDW annual dividend for 2023 was $2.39
• CDW's trailing twelve-month (TTM) dividend yield is 1.4%
• CDW's payout ratio for the trailing twelve months (TTM) is 29.93%
• CDW's dividend growth over the last five years (2018-2023) was 20.91% year
• CDW's dividend growth over the last ten years (2013-2023) was 49.62% year
CDW Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-25 | $0.62 | quarterly | 2024-12-10 |
2024-08-26 | $0.62 | quarterly | 2024-09-10 |
2024-05-23 | $0.62 | quarterly | 2024-06-11 |
2024-02-23 | $0.62 | quarterly | 2024-03-12 |
2023-11-22 | $0.62 | quarterly | 2023-12-12 |
2023-08-24 | $0.59 | quarterly | 2023-09-12 |
2023-05-24 | $0.59 | quarterly | 2023-06-13 |
2023-02-23 | $0.59 | quarterly | 2023-03-10 |
2022-11-23 | $0.59 | quarterly | 2022-12-09 |
2022-08-24 | $0.50 | quarterly | 2022-09-09 |
2022-05-24 | $0.50 | quarterly | 2022-06-10 |
2022-02-24 | $0.50 | quarterly | 2022-03-10 |
2021-11-23 | $0.50 | quarterly | 2021-12-10 |
2021-08-24 | $0.40 | quarterly | 2021-09-10 |
2021-05-24 | $0.40 | quarterly | 2021-06-10 |
2021-02-24 | $0.40 | quarterly | 2021-03-10 |
2020-11-24 | $0.40 | quarterly | 2020-12-10 |
2020-08-24 | $0.38 | quarterly | 2020-09-10 |
2020-05-21 | $0.38 | quarterly | 2020-06-10 |
2020-02-24 | $0.38 | quarterly | 2020-03-10 |
2019-11-22 | $0.38 | quarterly | 2019-12-10 |
2019-08-23 | $0.29 | quarterly | 2019-09-10 |
2019-05-23 | $0.29 | quarterly | 2019-06-11 |
2019-02-22 | $0.29 | quarterly | 2019-03-12 |
2018-11-23 | $0.29 | quarterly | 2018-12-10 |
2018-08-23 | $0.21 | quarterly | 2018-09-10 |
2018-05-24 | $0.21 | quarterly | 2018-06-11 |
2018-02-23 | $0.21 | quarterly | 2018-03-12 |
2017-11-22 | $0.21 | quarterly | 2017-12-11 |
2017-08-23 | $0.16 | quarterly | 2017-09-11 |
2017-05-23 | $0.16 | quarterly | 2017-06-12 |
2017-02-22 | $0.16 | quarterly | 2017-03-10 |
2016-11-22 | $0.16 | quarterly | 2016-12-12 |
2016-08-23 | $0.11 | quarterly | 2016-09-12 |
2016-05-23 | $0.11 | quarterly | 2016-06-10 |
2016-02-23 | $0.11 | quarterly | 2016-03-10 |
2015-11-23 | $0.11 | quarterly | 2015-12-10 |
2015-08-21 | $0.07 | quarterly | 2015-09-10 |
2015-05-21 | $0.07 | quarterly | 2015-06-10 |
2015-02-23 | $0.07 | quarterly | 2015-03-10 |
2014-11-21 | $0.07 | quarterly | 2014-12-10 |
2014-08-21 | $0.04 | quarterly | 2014-09-10 |
2014-05-22 | $0.04 | quarterly | 2014-06-10 |
2014-02-21 | $0.04 | quarterly | 2014-03-10 |
2013-11-13 | $0.04 | quarterly | 2013-12-02 |
CDW Dividend per year
CDW Dividend growth
CDW Dividend Yield
CDW current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing CDW stock? Use our calculator to estimate your expected dividend yield:
CDW Financial Ratios
CDW Dividend FAQ
Other factors to consider when evaluating CDW as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CDW's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CDW publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CDW distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CDW are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CDW sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CDW distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CDW declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CDW's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CDW's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.