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The following table shows earnings per share and dividend per share of Tyson Corp. You will notice that although earnings per share has been

 

The following table shows earnings per share and dividend per share of Tyson Corp. You will notice that although earnings per share has been fluctuating quite a lot, there is not much change in dividends. Irrespective of the fluctuating earnings per share, managers of Tyson Corp. have been paying constant dividend. Explain why it is the case. Year 2016 2017 2018 2019 2020 H Earnings per share $0.50 $0.41 $0.35 $0.30 $0.25 Dividends per share $0.20 $0.20 $0.20 $0.20 $0.20

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