dividend payout ratio

Besides, the relationship between the ownership structure and dividend payout ratio depends on whether the primary stockholder could control the listed firm or not.

另外，股权结构和股利支付率的变动关系取决于第一大股东是否绝对持股，而上市公司管理者在制定股利政策的过程中并未有迎合流通股股东的现金股利需求。

互联网摘选

The results are as follow: 1. With dividend payout ratio to measure company's financing constraints degree, when we compare dividend payout ratio low group and dividend payout ratio high groups, their coefficient is much larger.

结果发现：（1）以股利支付率度量公司所受融资约束程度，融资约束程度加大了不确定性对公司投资行为的影响；

互联网摘选

On the level of dividend payout ratio has been divided into three categories of high, medium and low, testing at different levels of continuity with the relationship between earnings, more focused.

对股利支付率水平划分了高中低三类，测试处于不同水平的公司与盈余持续性的关系，更具有针对性。

互联网摘选

So it is the important reference for making the dividend payout ratio decision for the SOEs to estimate the required rate of return of the government shareholder, that is, the cost of capital of SOEs.

因而对政府股东的投资要求报酬率，即国有企业的资本成本进行估算，便成为确定国企分红比例的重要参考。

互联网摘选

In the mature capital markets, for example, the market in the United States, the cash dividend is the main way of dividend distribution. The dividend payout ratio is relatively stable, which can objectively reflect the value of the company.

在美国等成熟证券市场上，现金分红是其主要分红方式，股利支付率较为稳定，能客观地反映公司的价值。

互联网摘选

For a gro-wing company, it will have to keep most of its profit to buy more plants and equip-ment and thus its dividend payout ratio will be low.

成长中的公司必须把赚到的盈利保留下来，添置厂房和机械，所以它的派息率较低。

互联网摘选

There was a positive relations between substantial shareholder control and dividend yield and dividend payout ratio, which indicate that along with the controlling enhancement, the listed company favors more cash dividends. Moreover, payment rate will also increase along with the controlling ability of substantial shareholder.

大股东控制与股利收益率和股利支付率成正相关关系，说明随着大股东控制能力的增强，上市公司倾向于支付现金股利，而且股利支付率也会随着大股东持股比率的增加而增加。

互联网摘选

Comparing to cash dividend policy of high payout ratio in the west countries, many companies in China do not like issuing the cash dividend.

而相对国外公司偏好高支付比率的现金派现政策，我国公司对股利分配特别是发放现金股利的态度不积极。

互联网摘选

Dividend payout ratio is an important part of the reform of state-owned enterprise ( SOE), the government requests the state-owned enterprise payout dividend from 2007, and the 'State-owned New Deal' issued in November 2010 demanded to raise the ratio 5%.

国有企业分红问题是国有企业改革的一个重要部分，最近一次要求国有企业分红是从2007年开始的，而2010年11月份出台的国资新政规定从2011年起提高分红比例5%。

互联网摘选

The dividend payout ratio indicates the amount of dividends paid relative to the company's earnings.

红利支付率即现金红利占公司净收益的百分比.

互联网摘选

The innovation of the paper is to raise the definition of risk of SRI, and use the quality of information disclosure and cash dividend payout ratio to measure the risk of SRI, and conduct an empirical research on the relationship between board governance and risk of SRI.

文章的创新点在于提出了股东权益风险的概念，并将信息披露质量和现金股利支付率作为衡量股东权益风险的代理变量，对董事会治理与股东权益风险的关系进行实证分析。

互联网摘选

There is phenomenon that the listed companies do not allocate the dividend on shares or the payout ratio is low in China.

我国上市公司的股利政策存在严重不分配现象，股利支付率偏低，缺乏连续性等问题。

互联网摘选

On the short term relations, the debt government and company size have unremark influence to dividend yield. Investor protection have week influence to dividend payout ratio.

就变量间的短期关系来说，债务治理和公司规模对股利收益率短期影响不明显，投资者权益保护对股利支付率的短期影响很微弱。

互联网摘选

And sixth, we will commit to a dividend payout ratio of 75 per cent for the three years thereafter.

第六，我们承诺之后三年的派息率将达到75%。

互联网摘选

Second, the earnings quality of listed companies which distribute cash dividends have positively correlated with the cash dividend payout ratio.

第二，对于派发现金股利的上市公司，盈余质量各因素与现金股利派发率呈正相关关系。

互联网摘选