CDW increases quarterly cash dividend 1% to 63c per share

CDW (CDW) announced that its board of directors has declared a quarterly cash dividend of 63c per common share to be paid on December 10 to all stockholders of record as of the close of business on November 25. This amount represents approximately a 1% increase over last year’s dividend and is aligned with the target of 25% of the trailing-twelve-month non-GAAP net income through September 30. Future dividends will be subject to approval by CDW’s board of directors.