当然,尽管投资者在这超过四十年间享受到股息收入的好处,按实值计算他们并没有赚的资本收益。
Investors had made no capital gains in real terms over 40 years although, of course, they had enjoyed the benefits of a dividend income throughout this period.
根据瑞士再保险提供的数据上,2010年保费收入按实值计算达4.3万亿美元,整体上增长了2.7%。
Overall, insurance premiums rose by 2.7% in real terms to $4.3 trillion in 2010, according to Swiss Re, a reinsurance firm.
尽管股票价格和收益上下波动的很厉害,但是红利是比较稳定可靠的,按实值计算从波峰跌落到波谷也就十分之一的差距。
Although stock prices and earnings move up and down violently, dividends have been more reliable, typically falling from the peak of a cycle to its trough by only one-tenth in real terms.
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