Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, what would be the annual dividend for 2015? b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, what annual dividend would the firm pay in 2015? c. If the firm's policy were to pay $0.50 per share each period except when earnings per share exceed $3.00, when an extra dividend equal to 80% of earnings beyond $3.00 would be paid, what annual dividend would the firm pay in 2015? d. Discuss the pros and cons of each dividend policy described in parts a through c. a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0% otherwise, the annual dividend for 2015 is $ 0.552. (Round to the nearest cent.) b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fell below 50% for two consecutive years, the annual dividend the firm would pay in 2015 is $. (Round to the nearest cent.) Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in the following table: what would be the annual dividend Data Table 6 for two consecutive years, what a. If the firm's dividend policy were for 2015? b. If the firm had a dividend payout annual dividend would the firm pay in c. If the firm's policy were to pay $0. $3.00 would be paid, what annual diy d. Discuss the pros and cons of eac nd equal to 80% of earnings beyond the annual dividend for 2015 is a. If the firm's dividend policy were $ 0.552. (Round to the nearest cent (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year Earnings per share Year Earnings per share 2022 $3.57 2017 $3.94 2021 $4.09 2016 $1.24 2020 $4.21 2015 $1.38 2019 $3.58 2014 - $1.07 2018 $4.78 2013 $0.99 6 for two consecutive years, the b. If the firm had a dividend payout annual dividend the firm would pay in Print Done Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check