CDW Corporation (NASDAQ:CDW) is a top tech stock with a strong return on equity. It declared a quarterly dividend of $0.63 per share on August 6, to be paid on September 10. The stock’s dividend yield is 1.53%.
CDW Corporation reported impressive Q2 results with sales reaching $5.98 billion, a 10.2% increase year-over-year. Non-GAAP net income per diluted share rose 3.9% to $2.60 from $2.50 a year ago.
CDW is a leading provider of IT solutions to various sectors. CFO Albert J. Miralles mentioned effective working capital management contributing to cash flow optimization and flexible capital priorities.
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Read more at Yahoo Finance: CDW Corporation (CDW) Declares Quarterly Dividend after 10.2% Sales Growth