Dividend Cover shows how many times the ordinary dividend is covered by the available profit.
Companies would aim to reach a dividend cover of at least 2 times.
Formula:
Dividend cover= (A) Earnings per share / (B)Dividend per share
Dividend Cover shows how many times the ordinary dividend is covered by the available profit.
Companies would aim to reach a dividend cover of at least 2 times.
Formula:
Dividend cover= (A) Earnings per share / (B)Dividend per share