Dividend Coverage Ratio or Dividend Cover is calculated as Earnings per share / Dividend per share.
It shows you how many times the dividend is covered by the company's net profit after tax.
How to use the ratio
Available as a screening ratio: Yes
Available as an output column ratio: Yes (Look for it under the Quality heading)
How to select the dividend cover companies
To find companies with the highest Dividend Cover set the slider from 0% to 10%.
Remember
All ratios are calculated on a trailing 12 months (TTM) basis.
This means the last twelve months (not the company’s financial year) is compared to the same period in the past.
We do this to make sure that the screener data includes the latest, most up to date, financial results of the company.
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