Referencing current business resources explain why: a) Some companies may keep their cash dividend payouts very steady

Question:

Referencing current business resources explain why:
a) Some companies may keep their cash payouts very steady over time,
b) Other firms tend to pay lower cash dividends, but use stock repurchases in addition to distributing cash, Give an example of a firm that recently changed its by a large amount (reduced or increased) what was the stock price reaction shortly after revision announcement?
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...