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You are examining the dividend policy of a large blue-chiptech company, Tech-Time Ltd. The following chart shows the companys EPS and DPS from 2014 to
You are examining the dividend policy of a large blue-chiptech company, Tech-Time Ltd. The following chart shows the companys EPS and DPS from 2014 to 2018. What dividend policy does the chart suggest Tech-Time has adopted in the past?
| 2014 | 2015 | 2016 | 2017 | 2018 |
EPS | $ 1.60 | $ 4.20 | $ 4.80 | 3.6 | 2 |
DPS | $ 0.80 | $ 2.10 | $ 2.40 | $ 1.80 | $ 1.00 |
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