Read the following article:
• Carlson, C. B. (2006). A progressive dividend policy. DRIP Investor, 15(5), 1 ??” 8.
Using information from the article, write a four page report that addresses the following points:
• Analyze the three factors that Progressive Corporation will use to calculate dividends.
• Why is it called a ‘variable’ dividend policy?
• Will the dividends paid by Progressive Corporation increase or decrease? Why?
• What would change if Progressive Corporation used another dividend policy?
4 pages will be APA style. 300 words per page. Paper can’t have quotes. One inch margins.