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CDW CDW Corporation — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Technology / Information Technology Services

$162.66 ▲ $1.25(0.77%) as of Oct 29, 2026 06:20 UTC
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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

StatusGrowing
Last Dividend$0.6300Paid Sep 10, 2026
Forward Annual$2.52From the $0.6300 dividend declared Aug 05, 2026
FrequencyQuarterly
Last Ex-DateAug 25, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.8%Annual totals, 2024–2025
10-Yr Growth23.2%Annual totals, 2015–2025

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.

Dividend Safety Score

88/100

Very strong indicators

Complete data

Dividend Growth Score

80/100

Strong growth record

Complete data

Dividend Value Score

78/100

Below own historical valuation

Complete data

DividendRank

83/100

Top fifth of the scale

Complete data

How the Dividend Safety Score is built for CDW
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 38% (TTM to Jun 30, 2026) 100 20%
FCF payout ratioFCF payout ratio 37% (TTM to Jun 30, 2026) 100 25%
Net debt / EBITDANet debt / EBITDA 3.0x (TTM to Jun 30, 2026) 60 15%
Interest coverageInterest coverage 13.2x (TTM to Jun 30, 2026) 96 10%
Dividend record12 years of uninterrupted regular payments 73 20%
Earnings stabilityNet 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
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 10.2% (2020–2025) 100 25%
Consecutive annual increases11 consecutive annual increases (through 2025) 81 20%
Payout headroomHeadroom 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 growth10-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
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 88th percentile of its 120 month-end yields 88 40%
P/E vs own 5-year medianP/E 19.9 is 0.91x its 5-year median of 21.9 64 25%
FCF yieldFCF yield 5.5% (TTM to Jun 30, 2026) 73 20%
P/E vs peersP/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

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 88/100, yield 1.55%.
A Accelerating
11 consecutive years of dividend increases.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
12 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume1,678,650Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$164.61Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$161.25 – $166.15Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$164.62Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$20.34BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out125.02MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$8.5112 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)19.8Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 25, 2026Paid Sep 10, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)6.2%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)10.2%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases11 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose11Since Nov 2013
Rank among payers1014of 2,430 with a record
Years it fell over 20%0in 11 comparable years
Of peers with 10 to 24 up years75%also cut at some point

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

Current1.55%
1-Yr Average1.89%
Low / High1.52% – 2.54%
Percentile1%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.