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The following chart shows earnings and dividend growth of Woolworths group from 2016 to 2020 Why do you think the dividend growth has less volatility

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The following chart shows earnings and dividend growth of Woolworths group from 2016 to 2020 Why do you think the dividend growth has less volatility than earnings growth? Explain clearly. 2 0.14 0.12 1.5 0.1 0.08 1 0.06 0.5 0.04 0.02 0 0 2016 2017 2018 2019 2020 Earnings Dividends

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