CDW's most recent quarterly dividend was on Feb 23, 2024 (ex-date) with a cash dividend payment of $0.62 per share. On an annualized basis, the company has a current payout of $2.42 per share. This brings the dividend yield to 0.99% based on its recent close price.
CDW's dividend yield of 0.99% is below the Technology sector and the industry average. Compared to its Technology sector average of 1.55%, CDW's dividend yield is 36% lower. The historical 5-year average of CDW's dividend yield is 1.1%, which is above the current yield.
CDW has been paying dividends since 2013. CDW has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 11% for the last year. But since the stock price has gone up by 47% from a year ago, the dividend yield has decreased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 23, 2024 | Mar 12, 2024 | Feb 7, 2024 | $0.62 | normal |
| Nov 22, 2023 | Dec 12, 2023 | Nov 1, 2023 | $0.62 | normal |
| Aug 24, 2023 | Sep 12, 2023 | Aug 2, 2023 | $0.59 | normal |
| May 24, 2023 | Jun 13, 2023 | May 3, 2023 | $0.59 | normal |
| Feb 23, 2023 | Mar 10, 2023 | Feb 8, 2023 | $0.59 | normal |
| Nov 23, 2022 | Dec 9, 2022 | Nov 2, 2022 | $0.59 | normal |
| Aug 24, 2022 | Sep 9, 2022 | Aug 3, 2022 | $0.5 | normal |
| May 24, 2022 | Jun 10, 2022 | May 4, 2022 | $0.5 | normal |
| Feb 24, 2022 | Mar 10, 2022 | Feb 9, 2022 | $0.5 | normal |
| Nov 23, 2021 | Dec 10, 2021 | Nov 3, 2021 | $0.5 | normal |
| Aug 24, 2021 | Sep 10, 2021 | Aug 4, 2021 | $0.4 | normal |
| May 24, 2021 | Jun 10, 2021 | May 5, 2021 | $0.4 | normal |
| Feb 24, 2021 | Mar 10, 2021 | Feb 10, 2021 | $0.4 | normal |
| Nov 24, 2020 | Dec 10, 2020 | Nov 2, 2020 | $0.4 | normal |
| Aug 24, 2020 | Sep 10, 2020 | Aug 5, 2020 | $0.38 | normal |
| May 21, 2020 | Jun 10, 2020 | May 6, 2020 | $0.38 | normal |
| Feb 24, 2020 | Mar 10, 2020 | Feb 6, 2020 | $0.38 | normal |
| Nov 22, 2019 | Dec 10, 2019 | Oct 31, 2019 | $0.38 | normal |
| Aug 23, 2019 | Sep 10, 2019 | Jul 31, 2019 | $0.295 | normal |
| May 23, 2019 | Jun 11, 2019 | May 1, 2019 | $0.295 | normal |
| Feb 22, 2019 | Mar 12, 2019 | Feb 7, 2019 | $0.295 | normal |
| Nov 23, 2018 | Dec 10, 2018 | Oct 31, 2018 | $0.295 | normal |
| Aug 23, 2018 | Sep 10, 2018 | Aug 2, 2018 | $0.21 | normal |
| May 24, 2018 | Jun 11, 2018 | May 2, 2018 | $0.21 | normal |
| Feb 23, 2018 | Mar 12, 2018 | Feb 7, 2018 | $0.21 | normal |
| Nov 22, 2017 | Dec 11, 2017 | Nov 1, 2017 | $0.21 | normal |
| Aug 23, 2017 | Sep 11, 2017 | Aug 3, 2017 | $0.16 | normal |
| May 23, 2017 | Jun 12, 2017 | May 3, 2017 | $0.16 | normal |
| Feb 22, 2017 | Mar 10, 2017 | Feb 7, 2017 | $0.16 | normal |
| Nov 22, 2016 | Dec 12, 2016 | Nov 2, 2016 | $0.16 | normal |
| Aug 23, 2016 | Sep 12, 2016 | Aug 3, 2016 | $0.108 | normal |
| May 23, 2016 | Jun 10, 2016 | May 4, 2016 | $0.108 | normal |
| Feb 23, 2016 | Mar 10, 2016 | Feb 9, 2016 | $0.108 | normal |
| Nov 23, 2015 | Dec 10, 2015 | Nov 4, 2015 | $0.108 | normal |
| Aug 21, 2015 | Sep 10, 2015 | Aug 3, 2015 | $0.068 | normal |
CDW's payout ratio of 29.5% is below the Technology sector and the industry average. Compared to its Technology sector average of 33.7%, CDW's payout ratio is 12% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HPQ Hp Inc | 3.83% | $1.08 | 31.1% |
| CDW CDW Corp | 0.99% | $2.42 | 29.5% |
| AAPL Apple Inc | 0.57% | $0.96 | 14.9% |
Yes, CDW has been paying dividends for the last 11 years.
CDW hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in May 2024.
CDW's last regular dividend was on Feb 23, 2024 (ex-date) with the amount of $0.62 per share.
CDW's annualized dividend per share is $2.42.
The current dividend yield of CDW is 0.99%.
CDW has a quarterly dividend frequency.
CDW's dividend payout ratio is 29.5%.
CDW's dividend yield is below the Technology sector average.