Go to The Globe and Mail's Investors page (www.theglobeandmail.com/globe-investor). Review the dividend policy of Enbridge (ENB), BCE

Question:

Go to The Globe and Mail's Investors page (www.theglobeandmail.com/globe-investor). Review the policy of Enbridge (ENB), BCE (BCE), and the Royal Bank of Canada (RY). Review the yield, payout ratio, and retention rate for each firm. What factors might explain the differences in policies among the companies?
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...