How dividend decision is affected by GFC.Explain

The Task:
The global financial crisis (GFC) has a significant impact on the global financial markets, which in term affects the operation of corporations. Select a company listed on the Australian Securities Exchange which has been significantly affected by the GFC（USE FLIGHT CENTRE TRAVEL GROUP LIMITED FLT）. Use the knowledge learned in class and perform a thorough analysis from the financial management perspective on the company you choose. Evaluate the impact of the GFC on the company in dividend decision area, and critically analyze how they are handled by this company. You should support your analysis with academic research. If you were the manager of this company, would you do something differently? Why?

Through this assignment you are expected to explore the rich information.
http://www.morningstar.com.au/Stocks/NewsAndQuotes/FLT

resourse that I found from company annual report.
Dividend decision (include returns to shareholders and debt holders): retained earnings
➢ As announced previously, FLT’s board did not declare a final dividend for 2008/09. The company intends to preserve cash in the short-term, but is likely to restore its policy of returning 50-60% of net profit after tax to shareholders as soon as it is reasonable to do so. (2009 Annual Report)
➢ Including the $0.44 final dividend for 2009/10, this hypothetical shareholding would have also earned more than $67,000 in dividends, meaning a total return in the order of 23 times the initial investment. (2010 Annual Report)
➢ Improved shareholder returns – $84million in dividend payments were returned to shareholders, compared to $70million during 2009/10; (2011 Annual Report)