dividend cover

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dividend cover

n
(Banking & Finance) the number of times that a company's dividends to shareholders could be paid out of its annual profits after tax, used as an indication of the probability that dividends will be maintained in subsequent years
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These were at times covered with a thin film of ice.
5 times covered by contributions from banks, according to the statement which did not disclose the pricing.
The New York Times covered it then, and posted a picture of the match, with a quote from the article, on its Instagram page yesterday.
5 times covered by the seven banks involved, and with more favorable terms than before.
The institutional tranche for the Hong Kong portion of its IPO was more than 10 times covered, it added.