4. Dividend practices

In general, firms dividend practices fit into the categories listed in the following table (constant payout ratio, low-regular-dividend-plus-extras, residual dividend policy, and stable, predictable dividend policies). Identify the category that each practice corresponds to in the table.

Please answer according to each question.

4. Dividend practices In general, firms dividend practices fit into the categories listed in the following table (constant payout ratio, low-regular-dividend-plus-extras, residual dividend policy, and stable, predictable dividend policies). Identify the category that each practice corresponds to in the table. Constant Payout Ratio Low-Regular- Dividend-Plus-Extras Residual dividend Stable, Predictable Dividend Practice Globo-Chem Co. sets its dividend rather conservatively, but supplemental dividends are periodically issued when it finds itself with excess funds. Tobotics Inc. pays dividends only if more earnings are available than are needed to support the optimal capital budget. Universal Drugmakers Inc.'s annual dividends increase by the same amount, or percentage, every year. Praxis Corp. pays out a set percentage of its income each year in the form of dividends. This causes the firm's dividends to fluctuate from year to year. 4. Dividend practices In general, firms dividend practices fit into the categories listed in the following table (constant payout ratio, low-regular-dividend-plus-extras, residual dividend policy, and stable, predictable dividend policies). Identify the category that each practice corresponds to in the table. Constant Payout Ratio Low-Regular- Dividend-Plus-Extras Residual dividend Stable, Predictable Dividend Practice Globo-Chem Co. sets its dividend rather conservatively, but supplemental dividends are periodically issued when it finds itself with excess funds. Tobotics Inc. pays dividends only if more earnings are available than are needed to support the optimal capital budget. Universal Drugmakers Inc.'s annual dividends increase by the same amount, or percentage, every year. Praxis Corp. pays out a set percentage of its income each year in the form of dividends. This causes the firm's dividends to fluctuate from year to year