As per the projected income statement over the next five years what dividend policy is it recommend for the company and why?

Name	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Total Revenue	15,366	18,103.50	16,196.40	14,027.60	14,595.70
Revenue	15,366	18,103.50	16,196.40	14,027.60	14,595.70
Other Revenue, Total	-	-	-	-	-
Cost of Revenue, Total	11,074.40	12,455.20	11,513.60	9,230	9,551.90
Gross Profit	4,291.60	5,648.30	4,682.80	4,797.60	5,043.80
Total Operating Expenses	14,957.20	16,411.30	14,989.50	12,539.60	12,942.80
Selling/General/Admin. Expenses, Total	1,077	857.50	800.80	820.50	786.50
Research & Development	-	-	-	-	-
Depreciation / Amortization	430.40	429.50	420.60	417.20	481.60
Interest Expense (Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	-	-	-	-
Other Operating Expenses, Total	2,375.40	2,669.10	2,254.50	2,071.90	2,122.80
Operating Income	408.80	1,692.20	1,206.90	1,488	1,652.90
Interest Income (Expense), Net Non-Operating	-78.20	-72.60	-68.50	-66.60	-77.80
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-9.70	99.60	64.80	99.40	109.30
Net Income Before Taxes	320.90	1,719.20	1,203.20	1,520.80	1,684.40
Provision for Income Taxes	129.20	466	330.40	407	448.20
Net Income After Taxes	191.70	1,253.20	872.80	1,113.80	1,236.20
Minority Interest	55.60	27.10	47.30	27.10	6.60
Equity In Affiliates	-	-	-	-	-
U.S GAAP Adjustment	-	-	-	-	-
Net Income Before Extraordinary Items	247.30	1,280.30	920.10	1,140.90	1,242.80
Total Extraordinary Items	-	-	-	-	-
Net Income	247.30	1,280.30	920.10	1,140.90	1,242.80
Total Adjustments to Net Income	-	-	-	-	-
Income Available to Common Excluding Extraordinary Items	247.30	1,280.30	920.10	1,140.90	1,242.80
Dilution Adjustment	-	-	-	-	-
Diluted Net Income	247.30	1,280.30	920.10	1,140.90	1,242.80
Diluted Weighted Average Shares	538.92	537.94	538.07	538.16	538.15
Diluted EPS Excluding Extraordinary Items	0.46	2.38	1.71	2.12	2.31
DPS - Common Stock Primary Issue	1	0	1.25	0	2
Diluted Normalized EPS	0.46	2.38	1.71	2.12	2.31

Answer rating: 100% (QA)

Based on the projected income statement it is recommended to select a residual dividend policy for the company A residual dividend policy is a type of ... View the full answer