我来讲讲这个，公司不愿意支付股利。
I'll talk about this — the company doesn't ever have to pay a dividend.
公司近三年连续盈利，并可向股东支付股利；
The company made profits in the latest three consecutive years, being able to distribute dividends to its shareholders;
公司，董事会，会决定何时向股东支付股利，州法规定，股东利益均等。
Well, the company — the board of directors — decides if and when to pay dividends to the shareholders and then the law of the state would say that they must treat them all equally.
所以某种意义上，对股东来说是一样的，不管是支付股利还是回购股票。
So in a sense, it's all the same to me as a shareholder whether they pay dividends or they repurchase shares.
一家公司可以有负值的自由现金流，但是可以发行新股并且仍然支付股利。
A company could have negative free cash flow but sell new shares and still pay a dividend.
而且公司没有义务需支付股利，即便对那些传统上有支付股利的公司来说也是如此。
And there is no obligation to pay out dividends even for those firms that have traditionally given them.
个别股票没有任何保证的概念必须被强调。一些公司支付股利，但很多公司并没有。
It must be emphasized that there are no guarantees when it comes to individual stocks. Some companies pay out dividends, but many others do not.
股利政策是指公司税后利润在向股东支付股利与企业内部留存收益之间的分配选择。
Dividend policy is that the after-tax profits as a dividend distributed to shareholders or as retained earnings retained in the enterprise.
由于破产，即使雷曼策划的证券结构仍旧良好，还是无法支付股利。这导致了第一轮客户违约浪潮。
Lehman's bankruptcy filing undermined its ability to pass along dividends even when the underlying structures were sound, which triggered the first defaults.
不管你是否支付股利,你公司的运转都不会发生变化,如果不发放股利,那就意味着,以股票回购代替股利分配
You see, you can keep the operations the same whether or not you pay a dividend, if choosing not to pay a dividend means substituting stock repurchase for dividend.
向具有这家支付股利的丹麦公司不到20%股份的一家丹麦有限公司已付股利收取的股利预扣税率是19.8%。
The dividend withholding tax rate is 19.8% for dividends paid to a Danish limited company owning less than 20% of the share capital in the dividend paying Danish company.
自2006年以来，中国移动的股利支付比率只上升了一个百分点，至收益的43%。
Since 2006, China Mobile's dividend payout ratio has risen by just one percentage point, to 43% of earnings.
虽然各银行已经削减股利支付，但是他们仍然将资产负债表视作一个“堡垒”，同时最安全的欧洲各银行也处于类似的水平。
Although the bank has just cut its dividend it still views its balance sheet as a "fortress", and the safest European Banks have similar ratios.
你过去习惯于通过挂号信取得支票,现在你登陆网站,就能看到股利自动分发到你的账户,公司支付了股利,帐户中的金额就会增加
You used to get checks in the mail; now you go on a website and you'll see that your dividends are credited to your account, but money is growing in your account as companies pay out dividends.
此外，英国石油还将从EMSB获得总计4800万美元的股利支付金。
Additionally, BP will also receive an EMSB pre-closing dividend payment amounting to $48m, subject to EMSB Board approval.
MLP投资者一般支付固定所得税率——并非15%的股利率，而是现金分配的20%。
MLP investors typically pay regular income tax rates—not the 15% dividend rate—on 20% of their cash distributions.
不过你必须仅贴现支付给现有股东的股利。
But you must discount only the dividends paid on existing shares.
在水利和能源部门同样也有上市的公用事业提供资金，他们所寻求的那种安全的股利支付者。
There are also listed utilities in the water and energy sectors that offer funds the kind of secure dividend-payers they seek.
支付现金股利需具备三个条件：留存收益、充足的现金和董事会的分红决定。
Three requirements for the payment of a cash dividend are: retained earnings an adequate cash position and dividend action by the board of directors.
股利支付政策是否合理？
不同的股利支付方式会产生不同的市场效应。
Different dividend distribution modes would cause different market effect.
传统股利分配代理理论是基于“两权分离”公司治理结构，认为股利支付可以降低管理者与股东之间的代理问题。
Based on "the two powers separate" governance structure, the traditional dividend agency theory thinks that dividend can debase agency cost between manager and shareholder.
上市公司通过选择最优股利支付，向市场传递有关公司现在状态和未来前景的信息，来达到内部管理层和外部投资者的信息均衡。
The public company conveys information about its condition and prospect to the market by selecting the best dividend payment in order to balance the information of managers and investors.
我国上市公司的股利政策存在严重不分配现象，股利支付率偏低，缺乏连续性等问题。
There is phenomenon that the listed companies do not allocate the dividend on shares or the payout ratio is low in China.
理由1过去的75年间美国股票的价格超过了股利的支付额。
Reason 1 Over the past 75 years stock prices in the United States have outpaced dividend payments.
没有证据显示增长机会、现金流、现金流变异性、银行债务、债务期限结构及股利支付是影响现金持有水平的重要因素。
However, no evidences show that growth opportunity, cash flow, cash flow variability, bank debt, maturity structure of debt, and dividend payment are important determinants of corporate cash holdings.
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。
The rate of dividend payout expresses the relationship of dividends and earnings during a certain period.
股利是公司基于利润的分配而支付给资产股东的价款。
Dividends are payments by the corporation to equity shareholders based on an apportionment of earnings.
股利是公司基于利润的分配而支付给资产股东的价款。
Dividends are payments by the corporation to equity shareholders based on an apportionment of earnings.
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