CDW (CDW) reported Q3 non-GAAP earnings Wednesday of $2.63 per diluted share, down from $2.72 a year earlier.

Analysts polled by Capital IQ expected $2.85.

Net sales for the quarter ended Sept. 30 were $5.52 billion, compared with $5.63 billion a year earlier.

Analysts polled by Capital IQ expected $5.72 billion.

The company said the board has raised its quarterly dividend to $0.625 per share, payable Dec. 10 to shareholders of record as of Nov. 25.

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