Select any three (3) listed companies and compare their strategies over the period of 2019 2021 in line with their decision to payout dividends or to retain their profits. Your discussion should include an analysis of the following if relevant:

Dividend Payout Ratio

Analysis of the Share Price

Any other performance ratio or indicator

There should also be reference to any formal announcements made by the management of the company to its investors explaining their strategy or decision to provide a robust discussion.