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CDW raised its quarterly dividend to $0.63 per share, its 10th straight increase, with a payout on Dec. 10.
CDW Corporation announced a quarterly dividend of $0.63 per share, payable December 10 to shareholders of record on November 25, marking its 10th consecutive year of dividend increases.
The payout, up slightly from the prior quarter, yields 1.8% annually and reflects a sustainable 24.1% payout ratio.
The company reported strong Q2 earnings of $2.60 per share and $5.98 billion in revenue, up 10.2% year-over-year.
CDW’s stock closed at $141.66 on November 4, down $13.17, with elevated trading volume.
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CDW elevó su dividendo trimestral a $0.63 por acción, su décimo incremento consecutivo, con un pago el 10 de diciembre.