Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
PC Connection, Inc. is a U.S.-based direct marketer and reseller of information technology (IT) products and services, operating primarily in the technology distribution and IT solutions industry. The company provides a broad range of computer hardware, software, peripherals, networking equipment, and related services to enterprise, government, education, and small-to-medium business customers. Its revenue is primarily driven by product sales from leading technology manufacturers, complemented by configuration, cloud, and lifecycle services.
Founded in 1982, the company has evolved from a catalog-based computer products seller into a multi-channel IT solutions provider. PC Connection is known for its direct sales model, deep vendor relationships, and specialization by customer segment, which allows tailored solutions and compliance-focused offerings, particularly for public sector and enterprise clients. The company is incorporated in Delaware and publicly traded on the NASDAQ under the ticker CNXN.
Business Operations
PC Connection generates revenue through three primary operating segments: Connection Business Solutions, Connection Enterprise Solutions, and Connection Public Sector Solutions. Each segment focuses on distinct customer groups while leveraging a shared infrastructure, vendor ecosystem, and centralized operations. Revenue is largely transaction-based, derived from product fulfillment, with growing contributions from services such as cloud licensing, device configuration, and managed lifecycle offerings.
Operations are primarily domestic within the United States, supported by distribution centers, sales offices, and customer service facilities. The company controls proprietary sales platforms, logistics systems, and customer procurement tools designed to integrate with client purchasing workflows. PC Connection operates through several subsidiaries, including Connection Business Solutions, LLC, Connection Public Sector Solutions, Inc., and Connection Enterprise Solutions, Inc., which align operationally with its reporting segments.
Strategic Position & Investments
The company’s strategic direction emphasizes expanding higher-margin services, including cloud-based solutions, software subscriptions, and lifecycle management, while maintaining scale in hardware distribution. PC Connection continues to invest in digital sales capabilities, vendor-authorized services, and compliance-driven offerings for regulated industries such as government and education.
Rather than pursuing large-scale acquisitions, PC Connection has historically focused on organic growth, incremental capability investments, and deepening partnerships with major technology vendors. The company maintains long-standing relationships with leading manufacturers and software providers, positioning it as a trusted intermediary for complex, multi-vendor IT procurement. Public disclosures indicate no material dependence on speculative or emerging technologies beyond commercially established cloud and software platforms.
Geographic Footprint
PC Connection’s operations are concentrated in the United States, which represents the substantial majority of its revenue and assets. The company’s corporate headquarters is located in New Hampshire, with additional operational facilities, sales offices, and distribution centers across multiple U.S. states.
While the company does not maintain a significant direct international operating footprint, it supports U.S.-based customers with global IT needs through vendor partnerships and international fulfillment arrangements. Its market presence is therefore primarily domestic, with indirect international exposure tied to multinational customers and global technology suppliers.
Leadership & Governance
PC Connection is led by a management team with long tenure at the company, emphasizing operational discipline, customer focus, and conservative capital management. The leadership philosophy centers on decentralized sales specialization, long-term vendor relationships, and disciplined cost control rather than aggressive expansion.
Key executives include:
- Timothy McGrath – President and Chief Executive Officer
- Thomas Baker – Senior Vice President and Chief Financial Officer
- Marybeth Rommel – Senior Vice President, Human Resources
- Steven Galanis – Founder and Chairman of the Board
The company’s governance structure reflects its history as a founder-led organization, with continued involvement from its founder alongside an experienced executive team and independent board members.