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dividend cover Line breaks: divi|dend cover

Definition of dividend cover in English:

noun

The ratio of a company’s net profits to the total sum allotted in dividends to ordinary shareholders.
Example sentences
  • Sure, they upped the payout in 2002 by 250% to 1.5p per share, but the dividend cover still remains nearly five times.
  • This is another financial institution where falling equities have put pressure on dividend cover and the balance sheet.
  • The company's earlier forecast for a 10% dividend increase should remain intact though, given dividend cover of over three times in 2003.

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