Consider the following businesses: (i) Alpha plc, a house builder, has reported a surge in profits. Following

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Consider the following businesses:

(i) Alpha plc, a house builder, has reported a surge in profits. Following two years of low economic growth, the economy has recently started to improve and housebuilding has now picked up.

(ii) Beta plc, a book publisher, has reported record profits as a result of a recently published bestseller.

(iii) Delta plc, a cosmetics business, has reported a steady rise in profits over recent years, reflecting the quality of its products.

Which one of the above is most likely to announce an increase in dividend payments in the near future and why?

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