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 U.S.-based technology distributor and solutions provider that operates primarily in the information technology and communications industries. The company distributes hardware, software, cloud services, and connectivity solutions through a channel-focused model serving value-added resellers (VARs), systems integrators, managed service providers (MSPs), telecom agents, and technology dealers. ScanSource’s primary revenue drivers include the distribution of networking equipment, communications systems, point-of-sale technologies, cybersecurity offerings, cloud services, and recurring connectivity solutions. The company operates within the broader technology distribution market and focuses on enabling channel partners to deliver integrated technology solutions to enterprise and small-to-medium business customers.
The company was founded in 1992 and is headquartered in Greenville, South Carolina. Over time, ScanSource evolved from a specialty barcode and automatic identification distributor into a diversified hybrid distributor with capabilities spanning communications, cloud, mobility, networking, and managed services. Its strategic positioning has centered on specialized technical expertise, channel enablement services, and recurring revenue opportunities tied to cloud and communications solutions. Public filings and investor materials consistently identify ScanSource’s value proposition as combining specialized distribution with lifecycle support, technical training, financing options, and recurring service aggregation.
Business Operations
ScanSource organizes its operations primarily into two reportable business segments: Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment distributes technologies related to networking, security, physical security, mobility, barcode and point-of-sale systems, and related enterprise infrastructure products. The Modern Communications & Cloud segment focuses on cloud communications, unified communications-as-a-service (UCaaS), connectivity, telecom expense management, and recurring cloud-based solutions. Revenue is generated through product distribution margins, recurring commissions and subscriptions, cloud aggregation services, and value-added support offerings.
The company maintains operations across North America and selected international markets, particularly in Latin America. ScanSource works with major technology vendors and telecommunications providers and supports channel partners through configuration services, logistics, financing, technical enablement, and integration support. Important subsidiaries and acquired businesses referenced in public disclosures include Intelisys, a telecom and cloud services distributor; POS Portal; and Imago ScanSource in Latin America. ScanSource’s business model relies heavily on long-standing vendor relationships, broad channel access, and recurring commission streams generated from cloud and connectivity services.
Strategic Position & Investments
ScanSource’s strategic direction has increasingly emphasized recurring revenue, cloud services, hybrid communications, and channel-driven subscription technologies. Company filings and earnings materials indicate continued investment in cloud marketplaces, telecom advisory capabilities, cybersecurity solutions, and managed service enablement. The company has pursued acquisitions and platform investments designed to strengthen recurring revenue exposure and deepen relationships with telecom and cloud suppliers. The acquisition and expansion of Intelisys materially strengthened ScanSource’s position in cloud communications distribution and telecom advisory services.
The company has also invested in digital enablement platforms and automation tools intended to improve partner onboarding, lifecycle management, and cloud service aggregation. Public disclosures identify recurring commissions and cloud-based services as strategic growth priorities alongside traditional hardware distribution. ScanSource participates in emerging areas such as unified communications, cybersecurity, SD-WAN connectivity, and managed network services through its supplier ecosystem and channel partner network. While management has articulated long-term goals around increasing higher-margin recurring revenues, the pace and scale of future expansion initiatives depend on broader enterprise technology spending conditions and telecommunications market trends.
Geographic Footprint
ScanSource is headquartered in Greenville, South Carolina, and maintains operational reach primarily across North America and Latin America. The company serves channel partners throughout the United States, Canada, and multiple countries in Latin America, including operations historically associated with Brazil and other regional markets. Its North American operations account for the majority of revenue based on company filings and investor reports.
The company’s market presence is concentrated in regions where enterprise technology adoption, telecommunications modernization, and cloud migration demand support channel-based distribution models. Through subsidiaries such as Intelisys and Imago ScanSource, ScanSource maintains operational and commercial influence in communications, networking, and specialty technology distribution across the Americas. Publicly available filings confirm that international operations contribute a smaller but strategically important portion of total business activity.
Leadership & Governance
ScanSource operates under a corporate governance structure overseen by a board of directors and executive leadership team focused on technology distribution, recurring revenue growth, and channel enablement. The company’s strategic vision has emphasized transitioning toward hybrid distribution models that combine traditional hardware fulfillment with cloud, connectivity, and managed recurring services. Leadership commentary in annual reports and investor presentations consistently highlights operational discipline, supplier diversification, and long-term channel partner relationships as core strategic principles.
Key executives identified in recent public filings include:
- Mike Baur – Chair and Chief Executive Officer
- Stephen Jones – President
- Stephen Leahy – Chief Financial Officer
- Tony Sorrentino – President, Intelisys and Advisory Business
- Leigh Anne Williams – Chief Human Resources Officer
- John Eldh – Chief Revenue Officer
The company was founded by Mike Baur, who has remained closely associated with ScanSource’s strategic development and long-term growth trajectory. Governance practices and executive responsibilities are disclosed in company proxy statements, annual reports, and other SEC filings.