Differentiate the following terms/concepts: a. Clienteles and catering b. Dividend payment and home-made dividend c. Investor sentiment

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Differentiate the following terms/concepts:
a. Clienteles and catering
b. Dividend payment and home-made dividend
c.
Investor sentiment and irrationality
d. Synergy and valuation consequences of a merger Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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