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cash flow no-dividends: Original post by Shula Asher Silberstein of Demand Media Cash flow to stockholders is a measure of how much cash a company is paying out to stockholders from its revenue. Normally, the cash paid out to stockholders is in the form of dividends. However, you can calculate what the cash flow is to stockholders minus dividends by using a formula. This tells you how dividends affects your cash flow.

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