Use the following information to discuss the dividend

Part C: Dividend Policy - Use the information provided to discuss he dividend policy of the four listed rms over the past four years. Format Table 2013 2017 2016 2015 Smith Company, Inc. Dividend $2.00 $2.00 $2.00 $2.00 Net $3,978,000 $4,931,000 $5,220,000 $5,652,000 Income Competitor 1 Dividend $3.25 $0.75 $1.20 $1.00 Net $6,111,000 $5,408,000 $5,576,000 $5,456,000 Income Competitor 2 Dividend $2.50 $2.50 $2.00 $1.00 Net $5,547,000 $5,160,000 $4,823,000 $4,637,000 Income Competitor 3 Dividend $1.25 $0.55 $0.55 $0.55 Net $4,543,000 $3,786,000 $3,711,000 $3,657,000 Income