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CDW Corporation (CDW) Declares Quarterly Dividend after 10.2% Sales Growth

CDW Corporation (CDW) Declares Quarterly Dividend after 10.2% Sales Growth

Yahoo10 hours ago
CDW Corporation (NASDAQ:CDW) is one of the top tech stocks with a strong return on equity. On August 6, the company declared a quarterly dividend of $0.63 a share. The dividend is to be paid on September 10 to shareholders of record as of August 25. The stock's dividend yield stands at 1.53%.
Copyright: welcomia / 123RF Stock Photo
The quarterly dividend comes on CDW Corporation, delivering impressive second-quarter 2025 results, whereby sales totaled $5.98 billion, representing a 10.2% year-over-year increase. Non-GAAP net income per diluted share increased 3.9% year over year to $2.60 from $2.50 a share a year ago.
'We continue to optimize cash flow generation through effective management of our working capital, enabling flexibility across our capital priorities – as shown by our commitment to returning cash to shareholders,' said Albert J. Miralles, chief financial officer, CDW.
CDW Corporation (NASDAQ:CDW) is a leading provider of information technology (IT) solutions to businesses, governments, educational institutions, and healthcare organizations. It offers a wide range of products and services, including hardware, software, and IT solutions. It helps customers navigate the complexities of the IT market and maximize their technology investments.
While we acknowledge the potential of CDW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts.
Disclosure: None. This article is originally published at Insider Monkey.
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