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In general, frms' dividend practices fit into the categories listed in the following table (constant payout ratio, small quarterly dividend plus year-end extras, pessive residual

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In general, frms' dividend practices fit into the categories listed in the following table (constant payout ratio, small quarterly dividend plus year-end extras, pessive residual policy, and stable dollar dividend policies). Identify the category that each practice corresponds to in the table. Small Quarterly Constant Dividend Plus Passive PayoutYear-End residual Stable Dollar Practice Ratio Extras policy Dividend Specialized Chemicals Inc.'s annual dividends increase by the same amount, or percentage, every year Smith and Jones Inc. has volatile earnings and cash flows, so it pays a small dividend every year and then pays additional dividends in good years. Tobotics Inc.'s dividends represent the portion of earnings left after it has made all profitable Globex 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 Save & Continue

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