Be Sure To Check Out Softcat plc (LON:SCT) Before It Goes Ex-Dividend

As an investor, it's crucial to stay informed about upcoming dividend dates, especially when it comes to reliable, income-generating stocks like Softcat plc (LON:SCT). Softcat is set to go ex-dividend in just 4 days, offering an attractive opportunity for income-focused investors. In this article, we'll explore the reasons why you should consider adding SCT to your portfolio before the ex-dividend date.

Softcat Plc is a leading UK-based IT services company, specializing in software, hardware, and licensing solutions. With a strong track record of dividend growth and a robust financial profile, SCT is an appealing choice for investors seeking stable, inflation-protected income.

One of the key reasons to invest in Softcat Plc is its consistent dividend growth. The company has a CADI (Consecutive Annual Dividend Increases) of 9, indicating a strong commitment to increasing shareholder returns. Additionally, SCT's dividend payout ratio is 2.3, which is higher than the sector average, demonstrating a more generous distribution of earnings to shareholders.

Year	Dividend per share (p)	Change (%)
2016	5.3	—
2017	9.0	69.8
2018	12.1	34.4
2019	14.9	23.1
2020	16.6	11.4
2021	20.8	25.3
2022	23.9	14.9
2023	25.0	4.6
2024	Sign Up Required	—

Another compelling reason to invest in SCT is its strong financial performance and cash flow generation. The company has consistently grown its revenue and profits, driven by its expanding customer base and increasing demand for its IT services. This financial strength supports SCT's ability to maintain and increase its dividend payments.

In conclusion, Softcat Plc (LON:SCT) offers an attractive opportunity for income-focused investors, with its consistent dividend growth, strong financial performance, and upcoming ex-dividend date. By investing in SCT before it goes ex-dividend, you can secure a stable, inflation-protected income stream. Don't miss out on this opportunity – consider adding Softcat Plc to your portfolio today.