Your English writing platform
Discover LudwigExact(8)
That dividend cover is thin.
"We therefore intend to commence the payment of an annual dividend based on a dividend cover of five times".
Last week I touched upon the slump in dividend cover - the guide to the affordability of cash distributions.
But the level of dividend cover is respectable, more than two in Britain (in other words, there are enough earnings to pay dividends twice over).
Dividend cover of just 1.6 times looks far too skimpy in the midst of a price war that Tesco has yet to enter properly.
But Neil Woodford's well regarded Invesco Perpetual has disposed of its shareholding in the company, citing weakness in its European business and concerns about dividend cover.
Similar(52)
In the case of HNI Corp, the RSI reading has hit 28.8 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 42.4.
In some cases, they were even expected to repay past dividends to cover loan payments on money-losing ships.
It is too lowly rated on our forecasts at 7.4 times 2009/10 forecasts and has a dividend, well covered, yielding almost 4%.
Faced with the prospect of losing their dividends to cover losses and restoration, it appears that BP shareholders turned from investors demanding rewards for their risk to pensioners who are entirely innocent of any culpability in this tragedy.
On the basis of these revised forecasts the stock, in our view, is too lowly rated at 6 times 2010/11 forecasts with a dividend, well covered, yielding over 6% and a strong balance sheet with cash forecast at close to £100m at January 2010.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com