CDW Corporation (NASDAQ:CDW) to Issue Quarterly Dividend of $0.63

Posted by Shane Hupp on Aug 6th, 2026

CDW Corporation (NASDAQ:CDW – Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, August 25th will be given a dividend of 0.63 per share by the information technology services provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, August 25th.

CDW has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 10 years. CDW has a dividend payout ratio of 24.3% meaning its dividend is sufficiently covered by earnings. Analysts expect CDW to earn $11.27 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 22.4%.

CDW Price Performance

Shares of NASDAQ:CDW opened at $140.10 on Thursday. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 2.04 and a beta of 0.96. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.16 and a quick ratio of 1.06. The business’s 50 day simple moving average is $135.27 and its 200-day simple moving average is $127.57. CDW has a 12 month low of $97.12 and a 12 month high of $171.55.

CDW (NASDAQ:CDW – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The information technology services provider reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.11. The firm had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $6.21 billion. CDW had a return on equity of 49.67% and a net margin of 4.70%.CDW’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the business posted $2.60 EPS. As a group, equities analysts forecast that CDW will post 10.21 earnings per share for the current fiscal year.

Key Headlines Impacting CDW

Here are the key news stories impacting CDW this week:

Positive Sentiment: CDW reported second-quarter revenue of $6.57 billion, up 10% year over year and above the $6.21 billion analyst consensus. Adjusted earnings of $2.91 per share also exceeded expectations of $2.80. CDW Q2 Earnings & Sales Beat
Positive Sentiment: Management raised its 2026 outlook to the high end of its high-single-digit adjusted EPS growth range, citing demand for AI infrastructure and a strong backlog. Government, commercial and international sales all posted solid growth. CDW raises 2026 outlook
Positive Sentiment: The board declared a quarterly dividend of $0.630 per share, payable September 10 to shareholders of record on August 25, supporting the income and capital-return case. CDW dividend announcement
Neutral Sentiment: Chief Financial Officer Albert J. Miralles announced a planned retirement and leadership transition. The change adds an execution consideration for investors, although it is described as planned rather than unexpected. CDW CFO retirement announcement
Negative Sentiment: Gross margin fell to 20.1% from 20.8%, while gross profit rose only 6.3% and operating income increased 2.0%. Investors appear concerned that AI and infrastructure projects carry lower margins, with management expecting profitability to remain below 2025 levels. Reuters report on CDW margin pressure
Negative Sentiment: First-half adjusted free cash flow declined to $278.4 million from $458.9 million a year earlier, reflecting higher inventory and working-capital investment. The combination of margin pressure and weaker cash conversion outweighed the earnings and guidance beats.

About CDW

(Get Free Report)

CDW (NASDAQ: CDW) is a leading provider of information technology products and integrated solutions for business, government, education and healthcare customers. The company sources and resells hardware and software from major technology vendors and packages those products with professional services, managed services and lifecycle support. Its offerings span IT infrastructure, cloud and data center solutions, cybersecurity, networking, unified communications, endpoint devices, and software licensing and procurement services designed to simplify IT operations for customers.

CDW combines a broad product portfolio with consultative sales, implementation and technical support capabilities.