CDW (CDW) Declares $0.1075 Quarterly Dividend; 1.1% Yield; Adds $750M to Stock Buyback Plan

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CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Cash Dividend of $0.1075 Per Share

May 4, 2016 7:05 AM EDT

LINCOLNSHIRE, Ill., May 04, 2016 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ: CDW) today announced that its Board of Directors has authorized a $750 million increase to the companys common stock share repurchase program and declared a quarterly cash dividend. The cash dividend of $0.1075 per common share, which is 59 percent higher than last years second quarter dividend, will be paid on June 10, 2016 to all stockholders of record as of the close of business on May 25, 2016.

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