CDW Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CDW Corporation on November 4, 2015. The filing primarily serves to announce the Company's financial results for the third quarter of 2015 and to declare a new quarterly cash dividend.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the press release attached as Exhibit 99.1, which is incorporated by reference but not detailed in the body of this 8-K.
Material Changes and Corporate Actions
- Dividend Increase: The Board of Directors approved a 59% increase in the quarterly cash dividend.
- Dividend Declaration: A quarterly cash dividend of $0.1075 per common share was declared.
- Payment Details: The dividend is payable on December 10, 2015, to shareholders of record as of the close of business on November 25, 2015.
Guidance, Outlook, and Risks
The filing references a webcast conference call held on November 4, 2015, to discuss the third-quarter results. No specific guidance, outlook, risk factors, or contingencies are detailed within the text of this 8-K; such information is expected to be found in the referenced press release (Exhibit 99.1).
Investor Verification Checklist
- Review Exhibit 99.1 for specific Q3 2015 revenue, earnings per share, and margin figures.
- Confirm the record date (November 25, 2015) and payment date (December 10, 2015) for the new dividend.
- Verify the 59% dividend increase calculation against the prior quarter's dividend amount.
- Listen to the November 4, 2015 conference call transcript for management commentary on the results.