Compare and contrast the constant payout ratio dividend policy and the constant nominal dividend payment policy. Which

Question:

Compare and contrast the constant payout ratio policy and the constant nominal payment policy. Which policy do most public companies actually follow? Why?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...