How would you describe your chosen company’s dividend policy?

Using the annual report and other sources such as a 10k or 10q’s, discuss the dividend policy disney world 

Answer the following questions as part of your response:

• How would you describe your chosen company’s dividend policy?
• Why do you believe this company chose the dividend policy they have in place? 
• Do you agree or disagree that they have selected the best dividend policy for the company?
• How might this dividend policy function in both perfect and imperfect capital markets?
• Calculate the dividend rate over the past 5 years.  Define why you believe that it has or has not changed over the last 5 years.

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