每股股利

股利率表达的是普通股每股股利与每股市价之间的关系。

The dividends yield expresses the relationship of dividends per common share and the market price per common share .

但其中前五大股东比例之和与每股现金股利负相关。

But the top five shareholders shows negative correlation with the cash dividends per share .

机构投资者的持股比例的多少与上市公司每股现金股利显著正相关。

The amount of the institutional holding has a positive relation with the cash dividend amount .

其二，本文选取每股现金股利作为股利支付水平的度量，但该指标在我国的解释力还需要进一步的验证。

Second , this article selected cash dividends per share as a measure of the level of dividend payment , but its explanatory power need further verification .

对1995-2000年数据的研究结果表明，股价变动与股利比的均值小于1，得出除息日股价相对于股权登记日收盘价下跌幅度小于每股现金股利。

Studying the relationship between dividends and stock price movements during 1995 to 2000 , we find the average of the ex-dividend day price ratio is less than one .

其三，基于控股股东性质，每股现金股利与资金占用程度呈显著的负相关关系。现金股利和资金占用作为控股股东获取控制权利益的两种形式，在一定程度上具有可替代性，此消彼长。

Third , this study finds that , based on the nature of the controlling shareholder , share in cash dividends and capital occupancy levels show significant negative correlation .

在本文的研究中，通过对上市公司股利政策的研究和现金股利的统计分析发现，加权平均后的每股现金股利的增量序列可以被近似地看作平稳序列。

In the research on listed companies cash dividend policy and statistical analysis on cash dividend it was found that the increment series of the weighted average cash dividend is close to stationary series .

上市公司分配股票股利应基于可持续增长的需求，但是实证结果表明每股股票股利高低与实现可持续增长对现金需求强烈程度不相关。

The dividend policies of the listed company should base on sustainable needs , but the results of empirical research show that there is no correlation between stock dividends and cash demands of corporations .

最终报告数量通过了显著性检验，并对每股现金股利有显著正向影响，而信贷规模变量并没有通过显著性检验。

Eventually , the number of reports by the test of significance , and cash dividends per share have significant positive effects on the credit scale variable and did not pass a significant test .

我们发现，80%以上的上市公司每股现金股利在0.2元以下，以变异系数表示的股利分散程度只相当于同时期美国上市公司每股现金股利分散程度的三分之一。

We found that 80 % of the listed companies paid cash dividend under 0.2 RMB Yuan per share . The dispersion of dividend in China showed in coefficient of variation only equals to 1 / 3 of that in America .

这一比率可以被用于衡量普通股每股收益发放股利的比例，换言之，可以用于衡量普通股每股收益被留存的比例。

The ratio can be used to measure the portion of earnings per common share paid out in dividends , in other words , to measure the portion of earnings per common share being retained .

回归分析表明：董事会规模与每股分红送转以及每股税后股利的标准差呈显著的负相关关系。

Results show that board size is negatively associated with the standard deviation of total dividend and cash dividend .

实证结果显示每股净现金流量、股权结构、资产流动性等因素和每股现金股利不相关；

Positive analysis shows that net operating cash flow per share , the capital structure , asset fluidity are irrelated to cash dividend per share .