non-cash dividend

基本解释

Cash dividend is quadratic non-linear relationship to state-share's proportion and corporate-share'proportion.
派现与国有股、法人股比例成二次非线性关系；
We find cash dividend can debase the agency cost between shareholders and manager. Cash dividend is quadratic non-linear relationship to state share's proportion.
在我国的证券市场上，发放现金股利与国有股比例成二次非线性关系，一定程度上可以解决国有股代理问题；
This conclusion is based on the assumption that investors don't have cash preference, therefore low or non-dividend payment companies could be a better choice for this type of investors.
文章的模型建立在投资者没有现金偏好的基础上，所以此类型的投资者选择低现金股利的公司或许是一个较佳选择。

Fitch said Nokia needs to stabilize revenues and be capable of generating low-single digit non-IFRS operating profit margins and positive pre-dividend free cash flow, if it is to affirm the current rating.
FORBES: Nokia Debt Rating Downgraded To Junk Status Buy Fitch
Think of a company that, say, sells off a division at a loss, incurring a large non-cash charge against its earnings, so the EPS dips temporarily way below the per-share dividend.
FORBES: Connect