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Font Paragraph Styles a) You are examining the dividend policy of a large 'blue-chip' tech company, Tech-Time Ltd. The following chart shows the company's EPS

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Font Paragraph Styles a) You are examining the dividend policy of a large 'blue-chip' tech company, Tech-Time Ltd. The following chart shows the company's EPS and DPS from 2014 to 2018 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 I $ 2018 EPS -DPS 2014 $1.60 $0.80 2015 $4.20 $2.10 2016 $4.80 $2.40 2017 3.6 $1.80 2 S100 --EPS --DPS What dividend policy does the chart suggest Tech-Time has adopted in the past? (6 marks) b) A successful small-cap growth company. Technotronic Ltd, also operates in the technology industry. It has been generating regular earnings over the same period as Tech-Time, but never pays any cash dividends. Focus HE I 33

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