CDW Announces $0.63 Dividend: A Stable and Growing Dividend Stock

CDW Corporation (NASDAQ:CDW) has announced a dividend of $0.63 per share on March 10th, with an annual payment of 1.8% of the current stock price, above the average for the industry. The company has a solid track record of paying dividends, with a CAGR of 25% since 2016. CDW's EPS is forecast to expand by 33.9% over the next year, and the payout ratio is expected to be 27% by next year, which is in a sustainable range.