If Kevin changes the dividend policy from a$$ low$-$dividend$-$payout policy to a$$ high$-$dividend$-$payout policy, how does his wealth$$ change?$($Select the best$$ response.$)$

A$.$

Kevin$\text{'}$s wealth will increase from the sale of shares.

B$.$

$$Kevin$\text{'}$s wealth will decrease by the amount of capital gains tax for the sale of shares.

C$.$

$$Kevin$\text{'}$s wealth will not change under the different dividend policies.