CDW Corporation (NASDAQ:CDW – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, May 25th will be given a dividend of 0.63 per share by the information technology services provider on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, May 22nd.
CDW has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 10 consecutive years. CDW has a dividend payout ratio of 24.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect CDW to earn $10.78 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 23.4%.
CDW Trading Up 1.1%
NASDAQ:CDW opened at $110.20 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.10 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $14.10 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 1.50 and a beta of 1.04. The firm has a fifty day simple moving average of $125.02 and a two-hundred day simple moving average of $134.26. CDW has a 12 month low of $106.00 and a 12 month high of $192.30.
Trending Headlines about CDW
Here are the key news stories impacting CDW this week:
- Positive Sentiment: Q1 revenue beat and AI/cloud demand—CDW reported $5.68B in Q1 sales (up ~9.2% YoY), with management citing strong demand for AI and cloud infrastructure. This underpins growth expectations. Revenue Beat (Reuters)
- Positive Sentiment: Management’s “Geared for Growth” AI-first initiative targets $100M–$200M run-rate improvements (up to $200M cost savings), which could restore margins over 2027–2028 if execution is successful. AI Initiative (CRN)
- Positive Sentiment: Board declared a $0.63 quarterly dividend, signaling shareholder-friendly capital allocation alongside buybacks and M&A. That supports income-seeking investors. Dividend (BusinessWire)
- Neutral Sentiment: Earnings were essentially in-line: reported EPS $2.28 (consensus ~$2.28) — a $0.03 miss on some measure — so the headline EPS beat/miss interpretation is mixed. Earnings Release (BusinessWire)
- Neutral Sentiment: Analyst price targets remain wide (median ~$150) even after recent moves, indicating varied views; JPMorgan trimmed its PT to $130 and moved to Neutral, reducing near-term analyst support. Analyst Targets (Quiver) JPMorgan Downgrade (Benzinga)
- Negative Sentiment: Shares plunged (~20% intraday) after the print as investors punished margin compression and any EPS weakness despite the revenue beat; the drop drove the stock to a 52‑week low and heavy trading volume. Shares Sink 20% (MSN)
- Negative Sentiment: Margin pressure: gross and operating margins declined YoY in Q1 (management highlighted non-GAAP adjustments), which is the primary reason investors are concerned about near-term profitability. Margin Details (BusinessWire)
- Negative Sentiment: Significant institutional trading: some large holders (e.g., UBS, Macquarie) reduced positions materially while others (Harris, BlackRock) added; insider and congressional sales were also reported—net flows increase volatility and can amplify sell pressure. Institutional & Insider Activity (Quiver)
CDW Company Profile
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.
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