Dividend Cover Rolling
TTM

Dividend Cover is a popular measure of dividend safety. It is calculated as earnings per share divided by the dividend per share. It provides a quick fix on how many times the dividend is ‘covered’ by earnings. This is the current ‘rolling’ version which balances the last annual figures with the forecasts for the current year.

Stockopedia explains Div Cover

This aims to answer the question, how easy it will it be for a company to continue to pay out the current dividend? It does this by working out the ratio of company profits to the amount of dividends paid. For example, if a company had £2m of profits, and paid out £1m in dividends, then the dividend cover ratio would be 2, as £2m / £1m = 2. This means that for every £1 the company pays out, it has another spare to cover the dividend payment. Dividend Cover of less than 1.5 may indicate a danger of a dividend cut while more than 2 is viewed as healthy. The inverse of dividend cover is the Payout Ratio.

As we define the Dividend from the Cashflow statement, that means that it's a negative cash-flow item so the Dividend Cover is negative and so is the Payout Ratio, so it's important to be aware of this when screening.

This is measured on a rolling basis.

Ranks: High to Low
Available in screener
Available as Table Column

The 5 highest Div Cover Stocks in the Market

Ticker Name Div Cover StockRank
NYQ:COO Cooper Companies 707.69 26
NYQ:AMG Affiliated Managers 388.68 66
NYQ:OMI Owens & Minor 353.68 81
SGX:A34 Amara Holdings 318.35 75
NSQ:WIRE Encore Wire 293.9 99
Screen for more high-ranking Div Cover stocks

A subscription to Stockopedia will be one of the best investments you'll ever make...

Here's what you'll get:
A decade of research into what works in stock markets
Millions of pounds of platform investment
Countless hours of research time saved
Access to hundreds of educational articles and ebooks
Over 30 talented professionals working flat out for you
A team of the very best bloggers acting as mentors
Saving you thousands in advisory fees every year
Stockopedia is the perfect solution for the time-poor individual investor looking for results
Starting at less than £23 per month

After your free trial, plans start at less than £23 per month. With a one month money back guarantee, there's no risk.

© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.