---
schema_version: "secwatch.filing_event.v1"
accession: "0001402057-22-000001"
form_type: "8-K"
ticker: "CDW"
cik: "0001402057"
company_name: "CDW Corp"
filed_at: "2022-02-09T23:59:59+00:00"
generated_at: "2026-06-27T09:32:18.638419+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CDW Q4 GAAP EPS $1.57 (-4.5%), Non-GAAP $2.08 (+14%); raises dividend 25% to $0.50

## Summary
- Net sales $5.54B (+11.7% YoY); full year $20.82B (+12.7%).
- GAAP net income $215M (-9.7%); Non-GAAP net income $285M (+8.2%).
- Non-GAAP diluted EPS $2.08 (+14%); full year $7.97 (+20.9%).
- Quarterly dividend raised 25% to $0.50/share, payable Mar 10 to record Feb 25.
- CFO targets net leverage 2.5-3.0x by end of 2022, prioritizing debt reduction.

## SEC filing metadata
- accession: 0001402057-22-000001
- form_type: 8-K
- ticker: CDW
- cik: 0001402057
- company_name: CDW Corp
- filed_at: 2022-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000001/0001402057-22-000001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000001/cdw-20220209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402057-22-000001
- JSON: https://secwatch.observer/filing/0001402057-22-000001.json
- Plain text: https://secwatch.observer/filing/0001402057-22-000001.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.