最后，我们来看RSG，即共和服务公司，该公司宣布股息增加7.2%。但看看这10年的回报，上涨超过323%。显然，这还不包括股息。
And then finally, we come to RSG, Republic Services, who announced a 7.2% dividend increase. But take a look at these 10-year returns. It's up over 323%. Obviously, that's not including dividends.
不过，如果我们看过去一年，我们看到了一些回调。那么，回调的原因是什么？我们稍后会谈到，但让我们先看看那些股息指标。
And if we look in the last year now though, we've seen a bit of a pullback. So, what's the source of that pullback? Well, we'll get to that in just a moment, but let's go ahead and take a look at those dividend metrics.
你会看到自由现金流大幅增长，轻松覆盖了股息支付，自由现金流派息率非常健康。所以，我想回到的问题是，这种下跌的原因是什么，因为很明显收益率非常安全。股息率仅为1.25%，股息也将以约7.2%的合理速度继续增长。
And what you'll see is free cash flow has grown substantially, easily covering those dividend payments, a very healthy free cash flow payout ratio. So, again, what I want to get back to is what has the source of this decline been because it's clear the yield is exceedingly safe. At just 1.25%, the dividend will continue to grow at a fair rate as well, at about 7.2%.