CDW (CDW) Raises Quarterly Dividend 58.8% to $0.0675; 0.9% Yield

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CDW (CDW) Tops Q3 EPS by 2c

November 6, 2014 6:26 AM EST

CDW (NASDAQ: CDW) reported Q3 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.11 billion.

For earnings history and earnings-related data on CDW (CDW) click here.

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CDW (CDW) Boosts Dividend; Approves New Buyback; Announces Strategic Investment

November 6, 2014 6:25 AM EST

CDW (NASDAQ: CDW) announced three actions under its capital allocation strategy designed to provide both near and long-term returns to shareholders while enabling the company to invest in its future.

The company's announcements include the approval by its Board of Directors of a 59 percent increase in its quarterly cash dividend and authorization of a new $500 million share repurchase program, as well as its entry into a definitive agreement to acquire a minority stake in UK-based IT solutions provider, Kelway. These actions reinforce CDW's refreshed capital allocation priorities, which... More