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discoverIE Group plc (LON:DSCV): The Best Of Both Worlds

Simply Wall St

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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of discoverIE Group plc (LON:DSCV), it is a notable dividend-paying company with a a strong track record of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on discoverIE Group here.

Established dividend payer with proven track record

In the previous year, DSCV has ramped up its bottom line by 61%, with its latest earnings level surpassing its average level over the last five years. Not only did DSCV outperformed its past performance, its growth also surpassed the Electronic industry expansion, which generated a 14% earnings growth. This is what investors like to see!

LSE:DSCV Income Statement, June 3rd 2019

DSCV is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

LSE:DSCV Historical Dividend Yield, June 3rd 2019

Next Steps:

For discoverIE Group, there are three pertinent factors you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for DSCV’s future growth? Take a look at our free research report of analyst consensus for DSCV’s outlook.
  2. Financial Health: Are DSCV’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of DSCV? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.