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
ScanSource, Inc. is a publicly traded global distributor of technology products and solutions, operating primarily in the technology distribution and value-added distribution industries. The company connects hardware, software, and cloud-based solutions from leading technology manufacturers to value-added resellers, systems integrators, and service providers that serve business and institutional end customers. ScanSource’s role is not direct retail sales but enabling its channel partners through logistics, financing, integration, and technical support services.
Founded in 1992, ScanSource initially focused on automatic identification and data capture technologies and has since expanded through organic growth and acquisitions into broader technology distribution markets, including networking, communications, and cloud services. The company differentiates itself through a hybrid distribution model that combines traditional product fulfillment with value-added services, recurring revenue programs, and partner enablement, positioning it as a strategic intermediary rather than a pure-volume distributor.
Business Operations
ScanSource generates revenue primarily through the distribution of technology products and services across two core operating segments: Specialty Technology Solutions and Communications & IT Solutions. These segments encompass barcode scanning, mobility, point-of-sale, networking, cybersecurity, unified communications, cloud services, and related professional and financial services. Revenue is driven by product sales, recurring cloud subscriptions, and services such as configuration, staging, and partner financing.
The company operates through a network of subsidiaries, including ScanSource Europe Limited, ScanSource do Brasil, Intelisis Software, and Network1 Technologies (brand name), supporting both domestic and international markets. ScanSource maintains relationships with major technology vendors and provides channel partners with access to credit, inventory management, technical expertise, and sales enablement resources. Operations are asset-light relative to manufacturers, with logistics infrastructure and IT platforms serving as core operational assets.
Strategic Position & Investments
ScanSource’s strategic direction emphasizes higher-margin solutions, recurring revenue streams, and expansion in cloud, software, and communications technologies. The company has pursued targeted acquisitions to deepen its capabilities in software distribution, cloud marketplaces, and unified communications, including the acquisition of Intelisis Software to strengthen its enterprise resource planning and software offerings in Latin America.
Investment priorities include enhancing digital platforms for partner engagement, expanding managed and cloud services distribution, and selectively entering emerging technology categories that align with reseller demand. ScanSource also focuses on operational efficiency and working capital discipline, reflecting its role as an intermediary in technology supply chains rather than a capital-intensive innovator.
Geographic Footprint
ScanSource is headquartered in North America, with its corporate headquarters in Greenville, South Carolina, and maintains operations across North America, Europe, and Latin America. The United States represents its largest single market, supported by regional distribution centers and sales operations.
Internationally, the company has established a meaningful presence in Europe and Brazil, along with broader Latin American markets, where it distributes both global and regionally tailored technology solutions. These international operations allow ScanSource to serve multinational vendors and resellers while adapting to local market requirements, regulations, and technology adoption trends.
Leadership & Governance
ScanSource is led by an executive team with experience in technology distribution, finance, and global operations, emphasizing disciplined capital allocation, partner-centric growth, and long-term shareholder value. The company operates under a traditional public-company governance structure, overseen by a board of directors with backgrounds in technology, distribution, and corporate leadership.
Key executives include:
- Michael L. Baur – Chairman and Chief Executive Officer
- Stephen M. Jones – Senior Executive Vice President and Chief Financial Officer
- Jim I. Gardner – Chief Operating Officer
- Carol L. Ptak – Chief Information Officer
- Mary S. Taylor – Senior Vice President, Human Resources
Leadership has consistently articulated a strategic vision centered on evolving ScanSource from a transactional distributor into a solutions-oriented platform that supports long-term reseller and vendor relationships through value-added services and recurring revenue models.