VERNON HILLS, Ill., Feb. 10, 2015 (GLOBE NEWSWIRE) -- CDW Corporation (Nasdaq:CDW), today announced that its Board of Directors has declared a quarterly cash dividend of $0.0675 per common share to be paid on March 10, 2015 to all shareholders of record as of the close of business on February 25, 2015. Future dividends will be subject to Board approval.
"Our 2015 first quarter cash dividend is 59 percent higher than last year's," said Ann E. Ziegler, senior vice president & chief financial officer, CDW. "Annual dividend increases are an important component of our capital allocation strategy to deliver value to our shareholders just as we've delivered value to our customers and partners across the US and Canada for nearly 30 years."
CDW is a leading multi-brand technology solutions provider to business, government, education and healthcare. A FORTUNE 500 company, CDW was founded in 1984 and employs approximately 7,200 coworkers. For the year ended December 31, 2014, the company generated net sales of more than $12.0 billion. For more information about CDW, please visit www.CDW.com.
Sari Macrie, CFA
Vice President, Investor Relations
Vice President, Corporate Communications