STOCK TITAN

CDW Declares Quarterly Cash Dividend of $0.62 Per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

CDW (Nasdaq: CDW), a leading multi-brand provider of IT solutions, has announced a quarterly cash dividend of $0.62 per common share. The dividend will be paid on September 10, 2024 to stockholders of record as of August 26, 2024. This declaration reinforces CDW's commitment to delivering value to stockholders through dividends and share repurchases. Since its IPO in June 2013, CDW's dividend has increased nearly fifteen-fold, and the company has returned approximately $6.7 billion to stockholders through share repurchases and dividends. CDW's CFO, Albert J. Miralles, emphasized that these capital allocation strategies demonstrate confidence in the company's earnings power and cash flow generation.

CDW (Nasdaq: CDW), un importante fornitore multi-brand di soluzioni IT, ha annunciato un dividendo in contante trimestrale di 0,62 $ per azione comune. Il dividendo sarà pagato il 10 settembre 2024 agli azionisti registrati al 26 agosto 2024. Questa dichiarazione rafforza l'impegno di CDW a fornire valore agli azionisti attraverso dividendi e riacquisti di azioni. Dalla sua IPO nel giugno 2013, il dividendo di CDW è aumentato quasi di quindici volte e l'azienda ha restituito circa 6,7 miliardi di dollari agli azionisti attraverso riacquisti di azioni e dividendi. Il CFO di CDW, Albert J. Miralles, ha sottolineato che queste strategie di allocazione del capitale dimostrano fiducia nella capacità di guadagno e nella generazione di flussi di cassa dell'azienda.

CDW (Nasdaq: CDW), un importante proveedor multi-marca de soluciones de TI, ha anunciado un dividendo en efectivo trimestral de 0,62 $ por acción común. El dividendo se pagará el 10 de septiembre de 2024 a los accionistas registrados a partir del 26 de agosto de 2024. Esta declaración refuerza el compromiso de CDW para brindar valor a los accionistas a través de dividendos y recompra de acciones. Desde su OPI en junio de 2013, el dividendo de CDW ha aumentado casi quince veces y la compañía ha devuelto aproximadamente 6,7 mil millones de dólares a los accionistas a través de recompra de acciones y dividendos. El CFO de CDW, Albert J. Miralles, enfatizó que estas estrategias de asignación de capital demuestran confianza en la capacidad de ganancias de la empresa y en la generación de flujo de efectivo.

CDW (Nasdaq: CDW), 선도적인 다중 브랜드 IT 솔루션 제공업체가 보통주 1주당 0.62달러의 분기 현금 배당금을 발표했습니다. 이 배당금은 2024년 9월 10일2024년 8월 26일 기준 주주에게 지급될 예정입니다. 이번 발표는 배당금과 자사주 매입을 통해 주주에게 가치를 제공하려는 CDW의 의지를 강화합니다. 2013년 6월 IPO 이후, CDW의 배당금은 거의 15배 증가했으며, 회사는 자사주 매입과 배당금을 통해 약 67억 달러를 주주에게 환원했습니다. CDW의 CFO인 알버트 J. 미랄레스는 이러한 자본 배분 전략이 회사의 수익력과 현금 흐름 생성에 대한 신뢰를 보여준다고 강조했습니다.

CDW (Nasdaq: CDW), un fournisseur multi-marques de solutions informatiques de premier plan, a annoncé un dividende en espèces trimestriel de 0,62 $ par action ordinaire. Le dividende sera payé le 10 septembre 2024 aux actionnaires inscrits au 26 août 2024. Cette déclaration renforce l'engagement de CDW à offrir de la valeur aux actionnaires par le biais de dividendes et de rachats d'actions. Depuis son introduction en bourse en juin 2013, le dividende de CDW a presque quinze fois augmenté, et l'entreprise a restitué environ 6,7 milliards de dollars aux actionnaires par le biais de rachats d'actions et de dividendes. Le CFO de CDW, Albert J. Miralles, a souligné que ces stratégies d'allocation de capital témoignent de la confiance dans la capacité bénéficiaire de l'entreprise et dans sa génération de flux de trésorerie.

CDW (Nasdaq: CDW), ein führender Multi-Brand-Anbieter von IT-Lösungen, hat eine vierteljährliche Bardividende von 0,62 $ pro Stammaktie bekannt gegeben. Die Dividende wird am 10. September 2024 an die Aktionäre ausgezahlt, die am 26. August 2024 im Aktienregister stehen. Diese Erklärung verstärkt CDWs Engagement, den Aktionären durch Dividenden und Aktienrückkäufe Wert zu bieten. Seit dem Börsengang im Juni 2013 ist die Dividende von CDW nahezu fünfzehnmal gestiegen, und das Unternehmen hat etwa 6,7 Milliarden Dollar an die Aktionäre durch Aktienrückkäufe und Dividenden zurückgegeben. Der CFO von CDW, Albert J. Miralles, betonte, dass diese Kapitalallokationsstrategien Vertrauen in die Ertragskraft und die Cashflow-Generierung des Unternehmens zeigen.

Positive
  • Quarterly dividend of $0.62 per share, providing income for shareholders
  • Dividend has increased nearly fifteen-fold since IPO in 2013
  • Approximately $6.7 billion returned to stockholders through dividends and share repurchases
  • Strong cash flow generation and earnings power demonstrated by dividend policy
Negative
  • None.

Reinforces Ongoing Commitment to Delivering Value to Stockholders

VERNON HILLS, Ill.--(BUSINESS WIRE)-- CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has declared a quarterly cash dividend of $0.62 per common share to be paid on September 10, 2024 to all stockholders of record as of the close of business on August 26, 2024. Future dividends will be subject to Board of Director approval.

"Dividends and share repurchases continue to be an important part of our capital allocation priorities, along with strategic M&A and managing our capital structure. Our dividend and share repurchases demonstrate our confidence in the earnings power and cash flow generation of the business," said Albert J. Miralles, chief financial officer, CDW. "Since our IPO in June 2013, our dividend has increased nearly fifteen-fold and we have returned approximately $6.7 billion to stockholders through share repurchases and dividends. Our capital allocation strategy has enabled us to deliver value to our stockholders, just as we have delivered value to our customers and partners for 40 years."

About CDW

CDW Corporation is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and member of the S&P 500 Index, CDW helps its customers to navigate an increasingly complex IT market and maximize return on their technology investments. For more information about CDW, please visit www.CDW.com.

Forward-Looking Statements

Statements in this release that are not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding the future dividends, earnings growth, capital allocation and other strategic plans of CDW. These forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those described in such statements. Although CDW believes that its plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, it can give no assurance that it will achieve those plans, intentions or expectations. Reference is made to a more complete discussion of forward-looking statements and applicable risks contained under the captions "Forward-Looking Statements" and "Risk Factors" in CDW's Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent filings with the SEC. CDW undertakes no obligation to update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

CDWPR-FI

Investor Inquiries

Steven O’Brien

Vice President, Investor Relations

(847) 968-0238

investorrelations@cdw.com

Media Inquires

Sara Granack

Vice President, Corporate Communications

(847) 419-7411

mediarelations@cdw.com

Source: CDW Corporation

FAQ

When will CDW pay its next quarterly dividend?

CDW will pay its next quarterly dividend of $0.62 per share on September 10, 2024.

What is the record date for CDW's upcoming dividend?

The record date for CDW's upcoming dividend is August 26, 2024.

How much has CDW's dividend increased since its IPO?

CDW's dividend has increased nearly fifteen-fold since its IPO in June 2013.

How much has CDW returned to stockholders through dividends and share repurchases?

CDW has returned approximately $6.7 billion to stockholders through share repurchases and dividends since its IPO in 2013.

CDW Corporation

NASDAQ:CDW

CDW Rankings

CDW Latest News

CDW Stock Data

30.32B
133.58M
0.32%
95.76%
2.86%
Information Technology Services
Retail-catalog & Mail-order Houses
Link
United States of America
VERNON HILLS