Which of the Following Is (Are)false

Multiple Choice

Which of the following is (are) false?

A) The constant dividend payout ratio policy seeks to pay a constant percentage of earnings each year.
B) The stable dollar dividend per share policy seeks to maintain a relatively stable percentage dividend over time.
C) The small, regular dividend plus a year-end extra policy pays a small, regular dividend plus a year-end extra dividend in good years.
D) The constant dividend payout ratio policy will result in more variability in dividends than the stable dollar dividend per share policy.