Toyota, established in 1937, said it expects to book a net profit for the current fiscal year of 50 billion yen, helped by interest income and dividend from affiliates.

成立于1937年的丰田汽车表示，在利息收入和关联企业派息的提振下，预计本财年将实现净利润500亿日圆。

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In fact, while many are fearing the dividend tax hikes that are part of the fiscal cliff, OSAM found that high-dividend stocks have actually performed best when taxes have been highest.

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Even the Dow Industrial Average has retraced 50% of its recent decline as the fiscal cliff selling in the dividend-heavy Dow stocks has been especially heavy.

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Detractors point out that buybacks artificially increase earnings per share, since net income does not change. (In other words, though each slice of the earnings pie is bigger, the size of the earnings pie does not change.) Repurchase programs also do not place the same level of fiscal responsibility on executives that dividend payments do.

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