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CDW Declares Quarterly Cash Dividend of $0.62 Per Share

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CDW (Nasdaq: CDW) has declared a quarterly cash dividend of $0.62 per common share to be paid on June 11, 2024. This announcement reflects the company's commitment to delivering value to its stockholders through dividends and share repurchases, alongside strategic M&A and management of its capital structure. CDW's capital allocation strategy has resulted in significant returns to stockholders since its IPO in June 2013.

CDW (Nasdaq: CDW) ha annunciato un dividendo trimestrale in contanti di $0,62 per azione ordinaria che verrà pagato l'11 giugno 2024. Questo annuncio riflette l'impegno dell'azienda a fornire valore ai suoi azionisti attraverso dividendi e riacquisti di azioni, oltre a fusioni e acquisizioni strategiche e alla gestione della sua struttura di capitale. La strategia di allocazione del capitale di CDW ha generato notevoli rendimenti per gli azionisti dal suo IPO nel giugno 2013.
CDW (Nasdaq: CDW) ha declarado un dividendo en efectivo trimestral de $0,62 por acción común, que se pagará el 11 de junio de 2024. Este anuncio refleja el compromiso de la compañía de entregar valor a sus accionistas a través de dividendos y recompras de acciones, junto con fusiones y adquisiciones estratégicas y la gestión de su estructura de capital. La estrategia de asignación de capital de CDW ha resultado en retornos significativos para los accionistas desde su salida a bolsa en junio de 2013.
CDW (나스닥: CDW)는 보통주당 $0.62의 분기 배당금을 2024년 6월 11일에 지급한다고 발표했습니다. 이 발표는 배당금과 주식 매입, 전략적 M&A, 자본 구조 관리를 통해 주주들에게 가치를 제공하기 위한 회사의 의지를 반영합니다. CDW의 자본 배분 전략은 2013년 6월 IPO 이후 주주들에게 상당한 수익을 가져다주었습니다.
CDW (Nasdaq : CDW) a annoncé un dividende trimestriel en espèces de 0,62 $ par action ordinaire, qui sera versé le 11 juin 2024. Cette annonce reflète l'engagement de l'entreprise à créer de la valeur pour ses actionnaires à travers des dividendes et des rachats d'actions, ainsi que des fusions et acquisitions stratégiques et la gestion de sa structure de capital. La stratégie d'allocation de capital de CDW a généré des retours significatifs pour les actionnaires depuis son introduction en bourse en juin 2013.
CDW (Nasdaq: CDW) hat eine vierteljährliche Barausschüttung von $0,62 pro Stammaktie angekündigt, die am 11. Juni 2024 ausgezahlt wird. Diese Ankündigung spiegelt das Engagement des Unternehmens wider, seinen Aktionären durch Dividenden und Aktienrückkäufe Wert zu liefern, zusammen mit strategischen M&A und dem Management seiner Kapitalstruktur. CDWs Kapitalallokationsstrategie hat seit dem Börsengang im Juni 2013 erhebliche Renditen für die Aktionäre erbracht.
Positive
  • CDW 's commitment to delivering value to stockholders through dividends and share repurchases.

  • Consistent increase in dividends since the IPO in June 2013, with a nearly fifteen-fold growth.

  • Return of approximately $6.5 billion to stockholders through share repurchases and dividends.

  • Effective capital allocation strategy enabling value delivery to stockholders, customers, and partners for 40 years.

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 June 11, 2024 to all stockholders of record as of the close of business on May 24, 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," 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 $6.5 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

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About CDW

people who get it in every organization, there are people who get technology. and people who don't. this is where cdw comes in. cdw is a leading provider of technology solutions for business, government, education and healthcare in the us and canada. we're a 6,000-plus-member team.