Distribution

Definitions #

A payment made by a company or fund to its shareholders or unit holders, usually from profits or net asset value.

Technical In corporate and fund finance, a cash or property transfer to equity holders that reduces retained earnings or net assets, often documented as dividends or capital gains distributions.

Example The ETF declared a yearly distribution of $1.50 per unit to all holders of record.

Etymology #

From Latin distributio, meaning to divide or share out; used in finance to refer to allocating profits to investors.

Collocations #

dividend distribution 股利分配
capital distribution 资本分配
distribution yield 分配收益率
ex-distribution date 除息日

Real Business Examples #

Under the fund's prospectus, distributions are made quarterly to unit holders.
The board approved a cash distribution of $0.60 per share payable in June.

Register & Variants #

Register: formal
BrE/AmE: 全球通用；美式常指基金分配，英式亦用于股利/基金分配

Synonyms & Antonyms #

Synonyms: dividend, payout, capital distribution
Antonyms: accumulation (留存收益)

Common Errors #

把 distribution 在所有语境当 dividend distribution 是更广的分配行为，dividend 特指从留存收益中向股东的派息。
忽视分配对 NAV 的影响分配通常降低基金 NAV或公司净资产，除非是资本回报。

Confusable Terms #

dividend vs Distribution: dividend 是利润分配，distribution 可能包括资本返还或基金分红。

Frequently Asked Questions

distribution 是否需纳税??

通常需纳税，但依据账户类型和交易所在地规则而异，如养老基金可能免税。

什么是 ex-distribution date??

在此日期前持有基金的投资者才有资格获得即将支付的分配。

Published: 2026-10-04 Category: