Over the past 5 years Trumans net income and dividends were:

Year	2013	2014	2015	2016	2017
Net Income	36.0	- 12.3	44.8	13.6	28.6
Dividends per share	1.05	1.08	1.11	1.17	1.19

1. what might be possible reasons (name at least three) Truman Inc. has been maintaining steady payout policy over the past 5 years, despite volatile financial performance as measured by the net income?
2. consider 2014: Truman pays out dividend despite negative NI. Is it possible? In general, why would a company make cash distribution in a year when it performs poorly?