CDW Corporation
CDWTechnology · Stock · quarterly payer
Forward Yield
1.89%
Annual Dividend
$2.52
Payout Ratio
31%
5-Yr Growth
10.2%
Ex-Date
May 22, 2026
Frequency
Quarterly
Summary
As of July 2026, CDW Corporation (CDW) yields 1.89% ($2.52 per share annually), with a blended fair-value estimate of $139.13 — +4% upside, so it screens as fairly valued. Dividend safety grade: A (81/100). 11 years of dividend growth.
Is CDW a good dividend stock?
YesCDW Corporation (CDW) pays a quarterly dividend yielding 1.89% ($2.52/yr), with 11 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
- 11 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (31%)
- Strong 10.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.89%
- Payout Ratio
- 31%
- Annual Dividend
- $2.52
- 5-Yr Avg Growth
- 10.2%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 0.96
- Market Cap
- $16.6B
- P/E Ratio
- 16.2
- 5-Yr Total Return
- -34%
- 52-Week Range
- $97.12 – $183.66
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
CDW Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
-37%
5 Years
-34%
52-Week Range
$97.12 – $183.66
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CDW worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for CDW Corporation is $139.13 per share, versus a market price of $133.24. That implies the stock is roughly fairly priced.
Fair Value
$139.13
Current Price
$133.24
Gap
+4%
Margin of Safety
4%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 6.4% annual free-cash-flow growth. We model 9.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.1% discount rate (CAPM), 9.6% stage-1 growth, 2.5% terminal growth, $8.21 EPS, $2.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CDW Dividend Safety Score
Very Safe
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
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
