Financial Analysis Brambles Ltd (ASX: BXB) You continued working at Frontier Advisors an investment advisory and consulting company as a financial analyst in the Investments Research Team. Your report on Brambles corporate governance and corporate social responsibility was well received by your client, Ultimate Super. Ultimate Super would like to be more informed about Brambles financial decisions and intrinsic value. As your second assignment, your team leader allocated you to a team to work with two other colleagues. As a team of three, you are required to deliver both a written report and a presentation to the board of directors of Ultimate Super. Your report must include the following:

2a. Dividend/Payout policy - Describe Brambles payout ratio and dividend per share (DPS) in the current and past four years. - Compare Brambles DPS and payout ratio with that of Amcor Plc (ASX ticker: AMC) and Qube Holdings Limited (ASX ticker: QUB) and discuss the similarity and differences. - Discuss Brambles choice of payout policy. Does Brambles follow a sticky dividend policy? Where is Brambles in its business life cycle?