non-cash dividend

基本解釋

Cash dividend is quadratic non-linear relationship to state-share's proportion and corporate-share'proportion.
派現(xiàn)與國(guó)有股、法人股比例成二次非線性關(guān)系；
We find cash dividend can debase the agency cost between shareholders and manager. Cash dividend is quadratic non-linear relationship to state share's proportion.
在我國(guó)的證券市場(chǎng)上，發(fā)放現(xiàn)金股利與國(guó)有股比例成二次非線性關(guān)系，一定程度上可以解決國(guó)有股代理問(wèn)題；
This conclusion is based on the assumption that investors don't have cash preference, therefore low or non-dividend payment companies could be a better choice for this type of investors.
文章的模型建立在投資者沒(méi)有現(xiàn)金偏好的基礎(chǔ)上，所以此類型的投資者選擇低現(xiàn)金股利的公司或許是一個(gè)較佳選擇。

Fitch said Nokia needs to stabilize revenues and be capable of generating low-single digit non-IFRS operating profit margins and positive pre-dividend free cash flow, if it is to affirm the current rating.
FORBES: Nokia Debt Rating Downgraded To Junk Status Buy Fitch
Think of a company that, say, sells off a division at a loss, incurring a large non-cash charge against its earnings, so the EPS dips temporarily way below the per-share dividend.
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