Yr 1 Yr2 Yr3 Yr4 EPS $0.11 $0.124 $0.109 $0.172 DPS $0.10 $0.109 $0.1188 $0.1295 EPS:...

 

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Yr 1 Yr2 Yr3 Yr4 EPS $0.11 $0.124 $0.109 $0.172 DPS $0.10 $0.109 $0.1188 $0.1295 EPS: Earnings Per Share DPS: Dividend Per Share At the annual general meeting for Yr4, the chairman had indicated that the intention to consistently increase annual dividend by 9%, anticipating that, on average, this would maintain the spending power of shareholders and provide a modest growth in real income. Tiga would also like to grow its equity base in the form of retained earnings. Average inflation: 10.5% Required: Comment on the declared dividend policy of the business and its possible effects on both Tiga Inc and its shareholders. Yr 1 Yr2 Yr3 Yr4 EPS $0.11 $0.124 $0.109 $0.172 DPS $0.10 $0.109 $0.1188 $0.1295 EPS: Earnings Per Share DPS: Dividend Per Share At the annual general meeting for Yr4, the chairman had indicated that the intention to consistently increase annual dividend by 9%, anticipating that, on average, this would maintain the spending power of shareholders and provide a modest growth in real income. Tiga would also like to grow its equity base in the form of retained earnings. Average inflation: 10.5% Required: Comment on the declared dividend policy of the business and its possible effects on both Tiga Inc and its shareholders.