The following are the summary of financial for Daya Subur Bhd$.$

$2019$

$2020$

$2021$

$2022$

$2023$

Net Income RM$000$

$$1,857$

$$2,136$

$$2,456$

$$2,825$

$$3,248$

$-($Cap Ex $-$ Depreciation$)(1-$ DR$)$

$$1,484$

$$1,632$

$$1,795$

$$1,975$

$$2,172$

$-$ Change in Working Capital $(1-$ DR$)$

$$193$

$$213$

$$234$

$$257$

$$283$

Free Cash Flow after expenditures

$$180$

$$291$

$$427$

$$592$

$$793$

Expected Dividends

$$193$

$$222$

$$256$

$$294$

$$338$

Cash available for stock buybacks

$($$$13)$

$$69$

$$171$

$$299$

$$455$

Required :

Compare the company$$s dividend with the FCFE at the last $5$ years of information.

$(5$ marks $)$

Would you choose to pay more cash dividend to the shareholders $?$

$(5$ marks $)$

What form should the dividend take $($ cash dividend or share buyback $?$

$(5$ marks $)$