CDW Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

Loading...
Loading...

By the close of today, September 12, 2023, CDW CDW will issue a dividend payout of $0.59 per share, resulting in an annualized dividend yield of 1.26%. Only those investors who owned the stock prior to the ex-dividend date on August 24, 2023 will receive this payout.

CDW Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-24 4 $0.59 1.26% 2023-08-02 2023-08-25 2023-09-12
2023-05-24 4 $0.59 1.41% 2023-05-03 2023-05-25 2023-06-13
2023-02-23 4 $0.59 1.18% 2023-02-08 2023-02-24 2023-03-10
2022-11-23 4 $0.59 1.37% 2022-11-02 2022-11-25 2022-12-09
2022-08-24 4 $0.5 1.11% 2022-08-03 2022-08-25 2022-09-09
2022-05-24 4 $0.5 1.19% 2022-05-04 2022-05-25 2022-06-10
2022-02-24 4 $0.5 1.03% 2022-02-09 2022-02-25 2022-03-10
2021-11-23 4 $0.5 1.06% 2021-11-03 2021-11-24 2021-12-10
2021-08-24 4 $0.4 0.86% 2021-08-04 2021-08-25 2021-09-10
2021-05-24 4 $0.4 0.91% 2021-05-05 2021-05-25 2021-06-10
2021-02-24 4 $0.4 1.06% 2021-02-10 2021-02-25 2021-03-10
2020-11-24 4 $0.4 1.31% 2020-11-02 2020-11-25 2020-12-10

When comparing CDW's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Taitron Components TAIT having the highest annualized dividend yield at 5.68%.

Analyzing CDW Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.26 in 2019 to $2.09 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For CDW

The earnings chart above shows that from 2019 to 2022, CDW has experienced an increase in their earnings from $5.86 per share to $9.37 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

In this article, we explore the recent dividend payout of CDW and its significance for shareholders. The company has decided to distribute a dividend of $0.59 per share today, which equates to an annualized dividend yield of 1.26%.

When comparing CDW's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Taitron Components having the highest annualized dividend yield at 5.68%.

Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, CDW appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.

To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.

\To read more news on CDW click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsBZI-DP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...