Alternative dividend policies Given the earnings per share over the period 2015-2022 shown in the following table, B , determine the annual dividend per share under each of the policies set forth in parts a through d. a. Pay out 50% of earnings in all years with positive earnings. b. Pay $0.60 per share and increase to $0.80 per share whenever earnings per share rise above $1.10 per share for two consecutive years. c. Pay $0.60 per share except when earnings exceed $1.20 per share, in which case pay an extra dividend of 60% of earnings above $1.20 per share. d. Combine policies in parts b and c. When the dividend is raised (in part b), raise the excess dividend base (in part c) from $1.20 to $1.30 per share. e. Compare and contrast each of the dividend policies described in parts a through d. Year 2022 2021 2020 2019 2018 2017 2016 Earnings per share $1.39 $1.64 $1.23 - $0.86 $1.04 $0.62 $0.95 $0.41 2015 Print Done