Which of the following is (are) false?

		The constant dividend payout ratio policy will result in more variability in dividends than the stable dollar dividend per share policy.
		The small, regular dividend plus a year-end extra policy pays a small, regular dividend plus a year-end extra dividend in good years.
		The constant dividend payout ratio policy seeks to pay a constant percentage of earnings each year.
		The stable dollar dividend per share policy seeks to maintain a relatively stable percentage dividend over time.