CDW Corporation
CDWTechnology · Stock · quarterly payer
$139.45
Add to PortfolioForward Yield
1.81%
Annual Dividend
$2.52
Payout Ratio
31%
5-Yr Growth
10.5%
Ex-Date
May 22, 2026
Frequency
Quarterly
CDW Dividend Safety Score
81/ 100
Grade A
Very Safe
Dividend-growth streak11 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage31% of earnings paid out
Free-cash-flow coverage36% of free cash flow
Balance-sheet strengthDebt/equity of 2.41
Yield vs its historyYield is 1.5× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CDW a good dividend stock?
YesCDW Corporation (CDW) pays a quarterly dividend yielding 1.81% ($2.52/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (31%)
- Strong 10.5% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.81%
- Payout Ratio
- 31%
- Annual Dividend
- $2.52
- 5-Yr Avg Growth
- 10.5%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.99
- Market Cap
- $17.8B
- P/E Ratio
- 17.0
- 5-Yr Total Return
- -22%
- 52-Week Range
- $97.12 – $183.91
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.6300 | regular |
| Feb 25, 2026 | — | $0.6300 | regular |
| Nov 25, 2025 | — | $0.6300 | regular |
| Aug 25, 2025 | — | $0.6250 | regular |
| May 23, 2025 | — | $0.6250 | regular |
| Feb 25, 2025 | — | $0.6250 | regular |
| Nov 25, 2024 | — | $0.6250 | regular |
| Aug 26, 2024 | — | $0.6200 | regular |
| May 23, 2024 | — | $0.6200 | regular |
| Feb 23, 2024 | — | $0.6200 | regular |
| Nov 22, 2023 | — | $0.6200 | regular |
| Aug 24, 2023 | — | $0.5900 | regular |
| May 24, 2023 | — | $0.5900 | regular |
| Feb 23, 2023 | — | $0.5900 | regular |
Income Calculator
At $2.52 / yr per share
Per payment (quarterly)$63.00
Annual$252.00
Monthly avg$21.00
