Dividend Policy As president of Brent Trading Corporation of East Cost, a large refinery and distilling company, you have just received a letter from a major block shareholder. The shareholder enquires about the companys dividend policy. In fact, the shareholder wishes to estimate how much dividend your 4 company is most likely to pay next year assuming the company is not going to change that policy. Whereas you have not yet collected all the relevant information about the expected dividend