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CDW Corporation (NASDAQ:CDW) to Issue Quarterly Dividend of $0.63
['Shane Hupp']
Ticker Report
CDW Corporation (NASDAQ:CDW – Get Free Report) announced a quarterly dividend on Wednesday, August 5th.
CDW has a dividend payout ratio of 24.3% meaning its dividend is sufficiently covered by earnings.
Key Headlines Impacting CDWCDW ( NASDAQ:CDW Get Free Report ) last released its quarterly earnings data on Wednesday, August 5th.
CDW dividend announcementThe board declared a quarterly dividend of , payable September 10 to shareholders of record on August 25, supporting the income and capital-return case.
Reuters report on CDW margin pressureGross margin fell to from 20.8%, while gross profit rose only 6.3% and operating income increased 2.0%.