CDW reports 10% Q2 sales growth and declares $0.630 quarterly dividend
Filed with the SEC on · Summarized by InvestorsBot
CDW reported second-quarter 2026 net sales of $6.572 billion, up 10.0% year over year, while diluted EPS rose 5.1% to $2.15 and non-GAAP diluted EPS increased 11.9% to $2.91. The board declared a quarterly dividend of $0.630 per share, payable September 10, 2026, to shareholders of record August 25; CDW also had approximately $1.138 billion remaining under its share-repurchase authorization as of June 30. Growth was led by infrastructure-related demand, with government sales up 13.6% and commercial sales up 9.2%, although gross and operating margins declined from the prior year.