Dividend payout

The rate of dividend payout expresses the relationship of dividends and earnings during a certain period .

股利支付率表达的是某一特定时期股利与收益之间的关系。

Besides , the relationship between the ownership structure and dividend payout ratio depends on whether the primary stockholder could control the listed firm or not .

另外，股权结构和股利支付率的变动关系取决于第一大股东是否绝对持股，而上市公司管理者在制定股利政策的过程中并未有迎合流通股股东的现金股利需求。

The Motive of Cash Dividend Payout Policy : Evidence from Chinese Listed Companies

上市公司选择现金股利的动因

And different shareholders have distinct interest in the cash dividend payout .

不同类型股东对现金股利存在不同偏好。

Research on the motivation of dividend payout is always one of the focus in academic debate .

股利发放的动机一直是学术界争论的焦点之一。

Dynamic programming for solving growth-stock value and optimizing dividend payout paths

成长型股票价值及股利支付路径之最优化模型

Firstly , this chapter explores characters of dividend payout policies before the reform and its reasons .

本章对股权分置改革前股利政策的特点及形成此特点的原因进行分析。

An influences on profitable position , equity structure and dividend payout methods to dividend policy are analyzed ;

分析了盈利状况、股权结构及股利支付方式对股利政策的影响；

I discuss these factors by analysing the incentives of managers with respect to dividend payout .

本文通过分析在红利分配方面对企业管理者的激励，对这些因素展开讨论；

Particular companies have scope to expand in Eastern Europe and / or to lift dividend payout ratios .

个别企业在东欧拥有扩展空间，并将提高派息率。

Therefore , it is much more crucial to boost the profitability than to enhance the dividend payout level of companies .

因此，当前关键已不在于提高股利支付水平，而是如何提高公司的盈利水平。

Is there a Life-cycle Characteristic of a Firm 's Dividend Payout & An Empirical Research Based on the Sample of China 's Listed Companies

企业股利分配具有生命周期特征吗？&基于中国上市公司的实证研究

The company declined to comment on any specific dividend payout , share buyback or acquisition plans in the future .

三星电子拒绝谈论任何具体的股息派发、股票回购或收购计划。

And sixth , we will commit to a dividend payout ratio of 75 per cent for the three years thereafter .

第六，我们承诺之后三年的派息率将达到75%。

This paper considers two ways of dividend payout , one of which is the cash dividend and the other is stock dividend .

本文将着重考虑两种股利发放形式，一种是现金股利方式，另一种是送转增股即股票股利。

But it also expects another 750 million in restructuring related cash outflows , the same as last year 's dividend payout .

但它预计在重组现金流出方面将再花费7.5亿欧元，与去年股息支付额相当。

Even if the dividends of real estate companies , the dividend payout rate is often very low , often more symbolic than practical significance .

即使分红的房地产企业，其股利支付率也往往很低，常常是象征意义大于实际意义。

Second , the earnings quality of listed companies which distribute cash dividends have positively correlated with the cash dividend payout ratio .

第二，对于派发现金股利的上市公司，盈余质量各因素与现金股利派发率呈正相关关系。

Specific investments are the foundation of paying for implicit liability and it should be negative to dividend payout if corporate has strong profitability .

专用性投资是偿还隐性负债的基础，在公司具备相当盈利能力的前提下，专用性投资与股利支付水平应具有负相关关系。

A typical company with a high dividend payout normally owns a mature cash-generating business and it does not have any worthy expansion plan .

高派息率的公司通常从事成熟的行业兼拥有大量现金，以及没有任何值得投资的扩展计划。

That , in turn , could help close the gap in dividend payout rates between Russia and other emerging markets and give a boost to its flagging stock market .

这进而有助于缩小俄罗斯和其他新兴市场国家之间在股息支付率上的差异，提振该国疲弱的股市。

Firstly , this chapter introduces dividend payout theory , various dividend payout methods and factors affecting dividend payout policy . This knowledge of dividend policy is theoretical basis of this paper .

本章首先分别介绍了股利政策理论、股利支付方式和股利政策的影响因素，通过阐释一些股利政策的基本知识，依此作为本文研究设计的理论基础。

On the level of dividend payout ratio has been divided into three categories of high , medium and low , testing at different levels of continuity with the relationship between earnings , more focused .

对股利支付率水平划分了高中低三类，测试处于不同水平的公司与盈余持续性的关系，更具有针对性。

As a percentage of net profit , Samsung 's total dividend payout has decreased for five years in a row to 5 % in 2012 , from 15.8 % in 2007 .

三星支付的股息总数与公司净利润的比率已经连续五年下降，从2007年的15.8%下降到2012年的5%。

Thereafter , the paper compares the dividend payout ration that under different equity structures transversely and lengthways , in order to explore the distinction and persistence of cash dividend policy .

在此基础上，本文从横向和纵向两方面对不同股权结构之间，以及不同股权结构内部的股利支付状况进行了分类比较，以考察不同股权结构下现金股利支付水平的差异及股利政策的持续性。

For a gro-wing company , it will have to keep most of its profit to buy more plants and equip-ment and thus its dividend payout ratio will be low .

成长中的公司必须把赚到的盈利保留下来，添置厂房和机械，所以它的派息率较低。

So it is the important reference for making the dividend payout ratio decision for the SOEs to estimate the required rate of return of the government shareholder , that is , the cost of capital of SOEs .

因而对政府股东的投资要求报酬率，即国有企业的资本成本进行估算，便成为确定国企分红比例的重要参考。

Generally speaking , investors of listed companies will have an expected dividend payout , which is based on the change of factors influencing the dividend policy , and these factors will influence the company ' value by influencing its stock price .

一般而言，投资者对上市公司的股利支付会有预期，而这种预期常建立在股利分配影响因素的变化之上，这些因素会通过股价来影响公司的价值。

The results are as follow : 1 . With dividend payout ratio to measure company 's financing constraints degree , when we compare dividend payout ratio low group and dividend payout ratio high groups , their coefficient is much larger .

结果发现：（1）以股利支付率度量公司所受融资约束程度，融资约束程度加大了不确定性对公司投资行为的影响；

Dividend payout ratio is an important part of the reform of state-owned enterprise ( SOE ), the government requests the state-owned enterprise payout dividend from 2007 , and the ' State-owned New Deal ' issued in November 2010 demanded to raise the ratio 5 % .

国有企业分红问题是国有企业改革的一个重要部分，最近一次要求国有企业分红是从2007年开始的，而2010年11月份出台的国资新政规定从2011年起提高分红比例5%。