Trailing Dividend / Share
$2.49
CDW Corporation (CDW) Dividend History
Income profile from 2013 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.9%
Payout Ratio
30.8%
Sustainable
Dividend Streak
12 years
CDW Dividend Income Check
Safety
30.8% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 2.0% and trend is rising.
CDW Dividend Scorecard
Yield & Income
Dividend Yield1.9%
Trailing DPS$2.49
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout30.8%
Earnings SafetySustainable
FCF Payout29.5%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak12 years
3Y CAGR6.2%
5Y CAGR10.2%
Yield on Cost (5Y)2.0%
YOC Trendrising
Total Returns
Buyback Yield4.0%
Total Shareholder Yield5.9%
1Y Total Return-23.0%
5Y Total Return-15.6%
Div Contribution (5Y)7.0%
Estimated $10K growth (return + dividends):
5Y ago$8,44510Y ago$35,37220Y ago$79,614
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CDW Income Growth Story
Dividend per share and yield on cost over time (14 years of payments)
CDW Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get CDW's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
CDW Corporation distributes 30.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 29.5%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
CDW has raised its dividend for 12 consecutive years, with a 3-year CAGR of 6.2% and 5-year CAGR of 10.2%.
Total Shareholder Returns
Beyond cash dividends, CDW returns capital through share repurchases. The combined picture: 1.9% dividend yield, 4.0% buyback yield, 5.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.0% and is currently rising. The 5-year total return is -15.6%, with dividends contributing 7.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,372 today.
CDW Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$11.63
Avg/Payment$0.5815
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 22, 2026Latest | $0.6300 | — | 2.27% | Jun 10, 2026 |
| Feb 25, 2026 | $0.6300 | — | 2.06% | Mar 10, 2026 |
| Nov 25, 2025 | $0.6300 | ↑ +0.8% | 1.75% | Dec 10, 2025 |
| Aug 25, 2025 | $0.6250 | — | 1.50% | Sep 10, 2025 |
| May 23, 2025 | $0.6250 | — | 1.37% | Jun 10, 2025 |
| Feb 25, 2025 | $0.6250 | — | 1.36% | Mar 11, 2025 |
| Nov 25, 2024 | $0.6250 | ↑ +0.8% | 1.37% | Dec 10, 2024 |
| Aug 26, 2024 | $0.6200 | — | 1.08% | Sep 10, 2024 |
CDW Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
1.9%
#1 of 5
Safety
Sustainable
30.8% payout
Streak
12Y
10.2% 5Y CAGR
Total Shareholder
5.9%
#1 of 5
SNX
AVT
CNXN
PLUSCDW Annual Dividend History (1993–2026)
32 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.26 | — | 2 | — | — | — | 1.0% |
| 2025 | $2.50 | 0.8% | 4 | $8.08 | 31.0% | 3.23x | 2.0% |
| 2024 | $2.48 | 4.0% | 4 | $7.97 | 31.2% | 3.21x | 2.0% |
| 2023 | $2.39 | 14.4% | 4 | $8.10 | 29.5% | 3.39x | 1.9% |
| 2022 | $2.09 | 22.9% | 4 | $8.14 | 25.7% | 3.89x | 1.6% |
| 2021 | $1.70 | 10.4% | 4 | $7.04 | 24.1% | 4.14x | 1.3% |
| 2020 | $1.54 | 21.7% | 4 | $5.45 | 28.3% | 3.54x | 1.2% |
| 2019 | $1.27 | 36.8% | 4 | $4.99 | 25.4% | 3.94x | 1.0% |
| 2018 | $0.93 | 34.1% | 4 | $4.19 | 22.1% | 4.53x | 0.7% |
| 2017 | $0.69 | 43.0% | 4 | $3.31 | 20.8% | 4.80x | 0.5% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into CDW consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
13+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
CDW — Frequently Asked Questions
Quick answers to the most common questions about buying CDW stock.
How much dividend does CDW pay per share?
CDW Corporation (CDW) pays a trailing 12-month dividend of $2.49 per share, with a current dividend yield of +1.9%. Payments are made Semi-Annual.
When is CDW's next ex-dividend date?
CDW's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CDW typically pays dividends Semi-Annual.
Is CDW's dividend safe?
CDW's dividend safety is rated "Sustainable" based on an earnings payout ratio of +30.8% and FCF payout ratio of +29.5%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is CDW a Dividend Achiever?
Yes, CDW Corporation is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +10.2%, demonstrating above-inflation dividend growth.
How often does CDW pay dividends?
CDW Corporation pays dividends Semi-Annual. The trailing 12-month total is $2.49 per share. Dividend data on this page covers 13+ years from 2013 to 2026.
How much would $10,000 invested in CDW grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CDW five years ago would be worth approximately $8,445 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CDW's yield on cost for long-term holders?
CDW's yield on cost — the current dividend divided by the original purchase price — is +2.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.9% market yield, thanks to consistent dividend growth.