UK dividend cover among lowest as global cover falls to ten-year low

Worst quarterly performance in Q3 for three years for UK dividends

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 Global dividend cover falls to decade low.
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Global dividend cover falls to decade low.

Dividend cover is set to drop to 2.2x this year - its lowest level in ten years - with dividend cover in the UK the third lowest globally, according to the Henderson International Income Trust Global Dividend Cover report.

The Link Group UK Dividend Monitor also reported that while UK dividends rose 6.9% on a headline basis in the third quarter to £35.5bn, they contracted 0.2% on an underlying basis, making for the worst...

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