CDW CDW Corporation — dividend yield, history & ex-dividend dates
CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages. These comprehensive solutions span on-premise, hybrid, and cloud environments, addressing critical areas such as data center infrastructure, network management, digital workspace enablement, and robust security. Key hardware categories include mobile computing devices (laptops, tablets), network infrastructure components, desktop workstations, display units, and enterprise data storage systems, while software offerings feature application suites, cybersecurity tools, virtualization platforms, operating systems, and network management utilities. Beyond products, CDW delivers a broad spectrum of services, including expert advisory and design, custom software development, system implementation, ongoing managed services, specialized professional support, configuration assistance, and telecommunications solutions, complemented by product warranties. They also focus on providing mission-critical software, system, and network solutions. Furthermore, installation, deployment, and repair services are facilitated for customers, often leveraging a network of third-party partners. Their diverse clientele includes governmental bodies, educational institutions, healthcare providers, and businesses of all scales – from small enterprises to major corporations. Established in 1984, the company maintains its primary corporate offices in Vernon Hills, Illinois.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for CDW
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 38% (TTM to Jun 30, 2026) | 100 | 20% |
| FCF payout ratio | FCF payout ratio 37% (TTM to Jun 30, 2026) | 100 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 3.0x (TTM to Jun 30, 2026) | 60 | 15% |
| Interest coverage | Interest coverage 13.2x (TTM to Jun 30, 2026) | 96 | 10% |
| Dividend record | 12 years of uninterrupted regular payments | 73 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for CDW
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 10.2% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 11 consecutive annual increases (through 2025) | 81 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 38% (TTM to Jun 30, 2026) | 100 | 20% |
| Earnings per share growth (3 years) | EPS CAGR -0.2% (FY2022–FY2025) | 39 | 15% |
| Revenue growth (3 years) | Revenue CAGR -1.9% (FY2022–FY2025) | 29 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 23.2% (2015–2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Value Score is built for CDW
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 88th percentile of its 120 month-end yields | 88 | 40% |
| P/E vs own 5-year median | P/E 19.9 is 0.91x its 5-year median of 21.9 | 64 | 25% |
| FCF yield | FCF yield 5.5% (TTM to Jun 30, 2026) | 73 | 20% |
| P/E vs peers | P/E 19.9 vs peer median 26.7 (0.74x; 69 corporation / Technology securities) | 82 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
1.55%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$2.5200
Declared Aug 05, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
66
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$99.30 – $165.11
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
37.54%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
12
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
8.59
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
CDW has raised its annual dividend in 11 separate years since November 2013, which ranks 1014 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
CDW's dividend yield fell from 1.70% to 1.55% over the past ~90 days (-0.16 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.16 pp from the share price ($147.81 on Jul 31, 2026 → $162.66 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 273 daily observations over the past 13 months (through Oct 23, 2026), CDW's current yield is higher than approximately 1% of them. Our stored price history for CDW covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.6300 Q | Regular | Aug 05, 2026 | Aug 25, 2026 | Aug 25, 2026 | Sep 10, 2026 |
| $0.6300 Q | Regular | May 06, 2026 | May 22, 2026 | May 25, 2026 | Jun 10, 2026 |
| $0.6300 Q | Regular | Feb 04, 2026 | Feb 25, 2026 | Feb 25, 2026 | Mar 10, 2026 |
| $0.6300 Q | Regular | Nov 04, 2025 | Nov 25, 2025 | Nov 25, 2025 | Dec 10, 2025 |
| $0.6250 Q | Regular | Aug 06, 2025 | Aug 25, 2025 | Aug 25, 2025 | Sep 10, 2025 |
| $0.6250 Q | Regular | May 07, 2025 | May 23, 2025 | May 26, 2025 | Jun 10, 2025 |
| $0.6250 Q | Regular | Feb 05, 2025 | Feb 25, 2025 | Feb 25, 2025 | Mar 11, 2025 |
| $0.6250 Q | Regular | Oct 30, 2024 | Nov 25, 2024 | Nov 25, 2024 | Dec 10, 2024 |
| $0.6200 Q | Regular | Jul 31, 2024 | Aug 26, 2024 | Aug 26, 2024 | Sep 10, 2024 |
| $0.6200 Q | Regular | May 01, 2024 | May 23, 2024 | May 24, 2024 | Jun 11, 2024 |
| $0.6200 Q | Regular | Feb 07, 2024 | Feb 23, 2024 | Feb 26, 2024 | Mar 12, 2024 |
| $0.6200 Q | Regular | Nov 01, 2023 | Nov 22, 2023 | Nov 24, 2023 | Dec 12, 2023 |
| $0.5900 Q | Regular | Aug 02, 2023 | Aug 24, 2023 | Aug 25, 2023 | Sep 12, 2023 |
| $0.5900 Q | Regular | May 03, 2023 | May 24, 2023 | May 25, 2023 | Jun 13, 2023 |
| $0.5900 Q | Regular | Feb 08, 2023 | Feb 23, 2023 | Feb 24, 2023 | Mar 10, 2023 |
| $0.5900 Q | Regular | Nov 02, 2022 | Nov 23, 2022 | Nov 25, 2022 | Dec 09, 2022 |
| $0.5000 Q | Regular | Aug 03, 2022 | Aug 24, 2022 | Aug 25, 2022 | Sep 09, 2022 |
| $0.5000 Q | Regular | May 04, 2022 | May 24, 2022 | May 25, 2022 | Jun 10, 2022 |
| $0.5000 Q | Regular | Feb 09, 2022 | Feb 24, 2022 | Feb 25, 2022 | Mar 10, 2022 |
| $0.5000 Q | Regular | Nov 03, 2021 | Nov 23, 2021 | Nov 24, 2021 | Dec 10, 2021 |
| $0.4000 Q | Regular | Aug 04, 2021 | Aug 24, 2021 | Aug 25, 2021 | Sep 10, 2021 |
| $0.4000 Q | Regular | May 05, 2021 | May 24, 2021 | May 25, 2021 | Jun 10, 2021 |
| $0.4000 Q | Regular | Feb 10, 2021 | Feb 24, 2021 | Feb 25, 2021 | Mar 10, 2021 |
| $0.4000 Q | Regular | Nov 02, 2020 | Nov 24, 2020 | Nov 25, 2020 | Dec 10, 2020 |
| $0.3800 Q | Regular | Aug 05, 2020 | Aug 24, 2020 | Aug 25, 2020 | Sep 10, 2020 |
| $0.3800 Q | Regular | May 06, 2020 | May 21, 2020 | May 25, 2020 | Jun 10, 2020 |
| $0.3800 Q | Regular | Feb 06, 2020 | Feb 24, 2020 | Feb 25, 2020 | Mar 10, 2020 |
| $0.3800 Q | Regular | Oct 31, 2019 | Nov 22, 2019 | Nov 25, 2019 | Dec 10, 2019 |
| $0.2950 Q | Regular | Jul 31, 2019 | Aug 23, 2019 | Aug 26, 2019 | Sep 10, 2019 |
| $0.2950 Q | Regular | May 01, 2019 | May 23, 2019 | May 24, 2019 | Jun 11, 2019 |
| $0.2950 Q | Regular | Feb 07, 2019 | Feb 22, 2019 | Feb 25, 2019 | Mar 12, 2019 |
| $0.2950 Q | Regular | Oct 31, 2018 | Nov 23, 2018 | Nov 26, 2018 | Dec 10, 2018 |
| $0.2100 Q | Regular | Aug 02, 2018 | Aug 23, 2018 | Aug 24, 2018 | Sep 10, 2018 |
| $0.2100 Q | Regular | May 02, 2018 | May 24, 2018 | May 25, 2018 | Jun 11, 2018 |
| $0.2100 Q | Regular | Feb 07, 2018 | Feb 23, 2018 | Feb 26, 2018 | Mar 12, 2018 |
| $0.2100 Q | Regular | Nov 01, 2017 | Nov 22, 2017 | Nov 24, 2017 | Dec 11, 2017 |
| $0.1600 Q | Regular | Aug 03, 2017 | Aug 23, 2017 | Aug 25, 2017 | Sep 11, 2017 |
| $0.1600 Q | Regular | May 03, 2017 | May 23, 2017 | May 25, 2017 | Jun 12, 2017 |
| $0.1600 Q | Regular | Feb 07, 2017 | Feb 22, 2017 | Feb 24, 2017 | Mar 10, 2017 |
| $0.1600 Q | Regular | Nov 02, 2016 | Nov 22, 2016 | Nov 25, 2016 | Dec 12, 2016 |
| $0.1075 Q | Regular | Aug 03, 2016 | Aug 23, 2016 | Aug 25, 2016 | Sep 12, 2016 |
| $0.1075 Q | Regular | May 04, 2016 | May 23, 2016 | May 25, 2016 | Jun 10, 2016 |
| $0.1075 Q | Regular | Feb 09, 2016 | Feb 23, 2016 | Feb 25, 2016 | Mar 10, 2016 |
| $0.1075 Q | Regular | Nov 04, 2015 | Nov 23, 2015 | Nov 25, 2015 | Dec 10, 2015 |
| $0.0675 Q | Regular | Aug 03, 2015 | Aug 21, 2015 | Aug 25, 2015 | Sep 10, 2015 |
| $0.0675 Q | Regular | May 07, 2015 | May 21, 2015 | May 26, 2015 | Jun 10, 2015 |
| $0.0675 Q | Regular | Feb 10, 2015 | Feb 23, 2015 | Feb 25, 2015 | Mar 10, 2015 |
| $0.0675 Q | Regular | Nov 06, 2014 | Nov 21, 2014 | Nov 25, 2014 | Dec 10, 2014 |
| $0.0425 Q | Regular | Jul 31, 2014 | Aug 21, 2014 | Aug 25, 2014 | Sep 10, 2014 |
| $0.0425 Q | Regular | May 08, 2014 | May 22, 2014 | May 27, 2014 | Jun 10, 2014 |
| $0.0425 Q | Regular | Feb 13, 2014 | Feb 21, 2014 | Feb 25, 2014 | Mar 10, 2014 |
| $0.0425 S | Regular | Nov 01, 2013 | Nov 13, 2013 | Nov 15, 2013 | Dec 02, 2013 |
Peer Comparison
Selected Information Technology Services dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| BR | Broadridge Financial Solutions, Inc. | 2.46% | 10.7% | 17 yrs | 94 |
| JKHY | Jack Henry & Associates, Inc. | 1.54% | 6.2% | 22 yrs | 93 |
| ACN | Accenture plc | 2.81% | 13.1% | 6 yrs | 92 |
| G | Genpact Limited | 1.93% | 11.8% | 8 yrs | 92 |
Related Guides & Lists
CDW dividend — frequently asked questions
Does CDW Corporation pay a dividend?
Yes. CDW Corporation (CDW) currently pays a dividend. The annualized dividend is about $2.52 per share, a yield of approximately 1.55%.
What is CDW Corporation's dividend yield?
CDW Corporation's dividend yield is approximately 1.55%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does CDW Corporation pay dividends?
CDW Corporation pays dividends quarterly — 4 times per year.
How long has CDW Corporation paid dividends?
CDW Corporation has 12 years of dividend payments on record, and has increased its dividend for 11 consecutive years.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.