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CDW Corporation dividend history

CDW Corporation's dividend was $2.50 a share in fiscal 2025, up 0.8% on the year before. That was 30.8% of net income. It has raised its dividend per share every year since fiscal 2013, as far back as our figures go.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$848M
Dividends (TTM)
$324M
Returned to shareholders
136%
of free cash flow
Buybacks, last 3 fiscal years
$1.7B
Diluted share count
−2.9%
year over year
Total shareholder yield
6.2%
dividends 1.7% + buybacks 4.5% of market value
Dividend payout ratio
30%
of net income paid out
Sales & admin spending
14.2%
of revenue
Days sales outstanding
114 days
receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

CDW Corporation: dividends by fiscal year, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Dividend per share————$0.043$0.195$0.310$0.482$0.690$0.925$1.26$1.54$1.70$2.09$2.39$2.48$2.50—
Dividend per share growth—————+358.8%+59.0%+55.6%+43.0%+34.1%+36.8%+21.7%+10.4%+22.9%+14.4%+4.0%+0.8%—
Dividends paid——007345379107139183220235283322332329324
Share buybacks0001002413675345226573411,5000500500653848
Dividends ÷ net income——0.0%0.0%5.5%13.7%13.1%18.5%20.4%21.7%24.9%27.9%23.8%25.4%29.1%30.8%30.8%30.0%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

  • CDW Declares Quarterly Cash Dividend of $0.630 Per Share Source

Compare with peers

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More: Technology Distributors stocks compared, Technology sector, rankings of US companies

Figures from CDW Corporation's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to CDW Corporation.