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
2.
T-Mobile USA anticipates that it will record a material non-cash impairment charge related to its indefinite-lived assets for the fourth quarter of 2011.
ENGADGET: T-Mobile lost more customers in Q4, will launch LTE in 2013 with AWS spectrum from AT&T
3.
On a GAAP basis, the company lost 71 cents a share, due largely to a non-cash pension charge.
FORBES: Verizon Q4 Misses By A Penny; iPhone Hurts Wireless Margins