金融分析毕业论文上市公司的分红方式对股票价格的影响.doc

上市公司的分红方式对股票价格的影响 摘 要 股份公司的一种有价证券，代着对公司资产收益的所有权。所以股票其实就是公司的所有权。股票的价格就是对公司的定价 股票如何定价一直是，许多为无法预测股价而恼，也难怪投资者对这些金融机构的 本文从一个非常细微的切入口入手，以股票分红行为是否对股票价格产生影响这个论题入手，试图从股票分红与股价波动中探究出一定的规律，为股票价格预测这个世界性难题提供一点佐证。 关键词：股票、投资者、商业机构 Way of dividends of listed companies on the stock price impact Abstract Stock is a stock company into shares issued to shareholders as a proof of its marketable securities, representing the holder (ie shareholders) of the companys ownership of assets and income. So in fact, the essence of the stock ownership of the company, or that the stock is the companys representative. So the price of the stock to some extent is the companys pricing. Stock how pricing has been a worldwide problem, many people can not predict stock prices and distress, if you pay attention to the Wall Street investment bank or a Chinese investment institutions (such as investment banks, brokers, funds and rating agencies are) on the company prices judgment, you will certainly be big or glasses. In 2006-2009 to institutions CMB pricing point of view, in 2007 China Merchants Bank institutions remain generally priced at 40 yuan, or even 50 yuan, 60 yuan more than a lot, but in 2009 China Merchants Bank institutions pricing is generally maintained at between 15-18. As for the Chinese ship, the companys stock price rose to 300 yuan, most institutions the stock pricing is $ 400, and one year after the companys stock fell to $ 30, the pricing of these institutions to the stock rating of 40 yuan within a year difference in times, it is no wonder these financial institutions, investors do not trust the extreme Keywords: investors, business organizations 目 录 摘要................................................................2 英文摘要............................................................3 概述................................................................5 1、世界股票市场的主要分红方式..........................................5 1.1股票 1.2现金红利 1.3负债利 1.4财产红利 2、我国主要的股票分红方式.....................