The following dividend policies that are listed are being followed by a company. The benefits of each are listed next to it$.$ Which statement is TRUE?

$1.$

Constant dividend method $$ If the company makes a loss it does not have to declare dividends.

$2.$

Constant dividend method $$ If the company makes a loss it still needs to declare dividends.

$3.$

Stable dividend payment method $$ If the company makes a loss it still needs to declare dividends.

$4.$

Stable dividend payment method $$ If the company makes a loss it does not have to declare dividends.