来自《耶鲁大学开放课程：金融市场 第11集 第11集》

• 
  
  you'd first say, what is its dividend?
  你会问 股利如何
• 
  
  And if someone said, it's 4%, you'd say, well that's kind of meager,
  如果他说 是4% 你会觉得少
• 
  
  I want a better dividend than that.
  我想要更高的股利
• 
  
  Now, people don't seem to be focused on them.
  现在人们对股利不是那么在意了
• 
  
  In another sense, they're more willing to
  换句话说 他们更放心
• 
  
  entrust the money back to the board of directors
  把钱交给董事们管
• 
  
  to decide on when and whether to pay dividends.
  让他们来决定什么时候或发不发股利
• 
  
  Now the other thing is,
  另一件方面是
• 
  
  there are other ways
  除了股利
• 
  
  to get money out of a company without paying a dividend
  还有其他收回投资的方法
• 
  
  and one of them is stock repurchase.
  比如股票回购
• 
  
  There's also liquidation.
  还有股票清偿