Report on Corporate Finance

This report provides an analysis of dividend payout and dividend payout policy of Telstra Inc. in the field of corporate finance. It discusses the concept of dividends, how to calculate dividend per share, and the dividend payout ratio. The report also explores the three dividend payout policies: stable dividend policy, constant dividend policy, and residual dividend policy. It concludes that Telstra Inc. follows a constant dividend policy and aims to payout dividends each year. The report includes graphs and data to support the analysis.