PC Connection, Inc. Declares Quarterly Dividend, Payable on March 15, 2024
February 14, 2024 at 04:06 pm EST
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The board of directors of PC Connection, Inc. increased the quarterly dividend by 25% to $0.10 per share on the company?s common stock, which will be payable on March 15, 2024, to shareholders of record as of February 27, 2024.
PC Connection, Inc. delivers custom-configured computer systems overnight from its ISO 9001:2015 certified technical configuration lab at its distribution center in Wilmington, Ohio. The Company provides a range of information technology (IT) solutions, from the desktop to the cloud, including computer systems, data center solutions, software and peripheral equipment, networking communication, and other products and accessories, which the Company purchases from manufacturers, distributors and other suppliers. The Company operates through three segments: Connection Enterprise Solutions, Connection Business Solutions and Connection Public Sector Solutions. Connection Enterprise Solutions segment is engaged in serving large enterprise customers. Connection Business Solutions segment is engaged in serving small to medium-sized businesses (SMBs). Connection Public Sector Solutions segment is engaged in serving federal, state, and local government and educational institutions.