CDW Corporation (NASDAQ:CDW) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.40 per share is scheduled to be paid on December 10, 2020. The dividend yield based on the latest trading day closing price was 1.21 percent. Shareholders who purchased CDW shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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CDW Corporation recently reported third quarter financial results on November 2, 2020, before market open, the Lincolnshire based company unfold income for the third quarter of $ 1.83 per share, from the revenue of $ 4,756.00 million. The quarterly earnings raised 7.65 percent while revenues lowered 3.10 percent compared with the same quarter last year.
According to street consensus, CDW was expected to report 3Q20 income of $ 1.51 per share from revenue of $ 4580.64 million. The bottom line results beat street analysts by $ 0.32 or 21.19 percent, at the same time, top line results outshined analysts by $ 175.36 million or 3.83 percent.
Stock Performance
Shares of CDW Corporation traded low $ -2.95 or -2.17 percent on Thursday, reaching $ 132.78 with volume of 1.32 million shares. CDW Corporation has traded high as $ 135.08 and has cracked $ 131.05 on the downward trend
According to the previous trading day, closing price of $ 132.78, representing a 84.94 % increase from the 52 week low of $ 73.39 and a 7.64 % decrease over the 52 week high of $ 146.95.
The company has a market capital of $ 18.99 billion and is part of the Technology sector and Information Technology Services industry.
CDW Corporation provides integrated information technology (IT) solutions to business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products, as well as integrated IT solutions, including mobility, security, data center optimization, cloud computing, virtualization, and collaboration.
