dividend cover

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Related to dividend covers: Interest Cover, Dividend Per Share, Dividend yield

dividend cover

or

times covered

a measure of the extent to which a firm's earnings (profit after tax and interest) cover DIVIDEND paid, which expresses PROFITS as a multiple of dividends paid. Thus, for example, if a company pays out one quarter of its profit as dividends, then the dividend cover ratio is four. The dividend ratio is the mirror image of the DISTRIBUTION RATIO.
References in periodicals archive ?
This dividend covers the quarter beginning December 15, 2004 through March 14, 2005.
CLEVELAND -- Second sentence of each paragraph directly following the two bullet points should read: This dividend covers the period beginning on December 15, 2004 and ending on March 14, 2005 (sted This dividend covers the period beginning on December 15, 2005 and ending on March 14, 2005).
This dividend covers the quarter beginning September 15, 2004 through December 14, 2004.
The dividend covers the period from July 1, 1999 to September 30, 1999.
This dividend covers the period beginning on September 15, 1998 and ending on December 14, 1998.
The dividend covers the period from April 1, 1998 to June 30, 1998 and represents approximately 100% of the taxable income generated for the period.
The initial dividend covers the period commencing March 11, 1998 (the date of original issuance of the Convertible Preferred Stock) through June 15, 1998, representing four additional days of dividend.
The dividend covers the period from January 1, 1998 to March 31, 1998.
The dividend covers the period from November 26 through December 31, 1997.
The dividend covers a period beginning on September 15, 1997 and ending December 14, 1997.