Redleaf went in and said, you should really do it and he convinced them, apparently, and they cut their dividend.

莱德利夫提出,你们必须要这样做,而且他说服了管理层,最终经营者决定降低红利

耶鲁公开课 - 金融市场课程节选

Then we start paying a dividend and then if we ever have to cut it, we're in big trouble.

然后我们开始分红,如果暂停分红,大麻烦就来了

耶鲁公开课 - 金融市场课程节选

So, that's the basic insight in Modigliani and Miller, that share repurchase and dividend are really interchangeable; it's just all a conceptual difference.

这即是莫迪利阿尼和米勒命题的内涵,股票回购和分红彼此是可替代的,只是概念上有所不同

耶鲁公开课 - 金融市场课程节选

While the company recently paid a special dividend, it last hiked its dividend by 25% to 15 cents in July 2012.

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The company calculates it using a vaguely described formula of operating results combined with internal forward forecasts, which makes it unpredictable and gives it wonky dividend yields.

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The company's stock remains in the doldrums, it scrapped its dividend, and has already reported that it expects its figures for the first quarter of 2013 to be bad.

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