Those returns have three components: the current level of dividend yield, real dividend growth and changes in valuation (moves in dividend-price ratios).
这些收益有三部分组成,当前股息生息率,实际股息增长和估价的变化(以股息股价比的方式变化)。
this theoretical limit is much higher, even for highly indebted countries like Britain and America, than their current or projected near-term debt ratios (see chart).
这个理论上的上线要比其当前或可预测的近期债务比率高,像英国和美国等债台高筑的国家的情况也是如此。
The lows for these ratios are around half the current levels.
这些收入的比例现在很低,是现有水平的几乎一半。
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