CDW Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards
Portfolio Pulse from Benzinga Insights
CDW (NASDAQ:CDW) is set to issue a dividend payout of $0.59 per share, resulting in an annualized dividend yield of 1.26%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $1.26 to $2.09. CDW's earnings per share also increased from $5.86 to $9.37 during the same period. The company's dividend yield is mid-range compared to its industry peers, with Taitron Components (NASDAQ:TAIT) having the highest annualized dividend yield at 5.68%.
September 12, 2023 | 3:05 pm
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NEUTRAL IMPACT
Taitron Components has the highest annualized dividend yield among its peers at 5.68%.
While Taitron Components is mentioned in the article, the news is not directly about the company. However, its high dividend yield compared to its peers could make it attractive to income-seeking investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
CDW's consistent increase in dividends and earnings per share indicates a strong financial position and potential for future dividend growth.
CDW's consistent increase in dividends and earnings per share over the past few years indicates a strong financial position. This is likely to attract income-seeking investors and could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100