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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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