A dispensing cover for use with a fiberboard drum having a rolled-in lip which defines a cover-receiving opening includes a main body having a first portion and a second portion which is pivotal with respect to the first portion and which is joined thereto using a living hinge. An inner and outer skirt extends about the periphery of the main body, which skirts are spaced apart from each other to define therebetween a cavity for receiving the rolled-in lip of the fiberboard drum. Molded into the outer skirt at the living hinge is a tear strip. Unless removed, the tear strip prevents the second portion from pivoting with respect to the first portion. Barbs formed on the inner or outer skirts and extending into the cavity defined between them engage the rolled-in lip of the fiberboard drum to secure the dispensing cover to the fiberboard drum at least over the non-pivoting first portion.