但是如果投资者更偏重于股利偿付的话，就会发现这支股票并非如此具有吸引力，因为它的股利和股息收益率明显地低于同行。
But funds requiring investments to pay dividends will not find this stock attractive as their dividends and yield are significantly lower than their peers in the industry.
该方法不需要估计未来的现金股利和投资者的预期收益率，在一定程度上克服了传统股票定价方法的缺陷。
This approach is not in need of determining the future cash dividend, thus, to a certain extent, overcoming the shortcoming of the traditional method.
本文利用累计超常收益率方法，从实证角度分析了上市公司派发现金股利和股票股利对股票价格的影响。
This paper empirically analyzed the effect of the cash dividend and stock dividend on stock price through Cumulative Abnormal Return (CAR) method.
传统的股利折现模型在对股票定价的过程中，不能精确地确定投资者的预期收益率和未来支付的现金股利，因此存在着一定的缺陷与不足。
As the traditional stock pricing method, dividend discount model is defective in that it cannot precisely determine the expected rate of return of investors and future payment of cash dividend.
传统的股利折现模型在对股票定价的过程中，不能精确地确定投资者的预期收益率和未来支付的现金股利，因此存在着一定的缺陷与不足。
As the traditional stock pricing method, dividend discount model is defective in that it cannot precisely determine the expected rate of return of investors and future payment of cash dividend.
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