CDW increases quarterly dividend 5% to 62c per share

CDW announced that its board of directors has declared a quarterly cash dividend of 62c per common share to be paid on December 12 to all stockholders of record as of the close of business on November 24. This amount represents a 5% increase over last year’s dividend and approximately 25% of the trailing-twelve-month Non-GAAP net income through September 30. Future dividends will be subject to board of director approval.