Question 3 (10 points) Listen The date on which the dividend payments are processed or mailed is: 1) declaration date O2) date of record 3) ex-dividend date 4) payment date Question 4 (10 points) Listen Which of the following statements is Incorrect? 1) share prices tend to move in response to previously expected changes in dividend payments 2) board of directors tend to increase dividend per share when such increase is reasonably expected to be maintained in the future. 3) board of director strive to maintain a steadily growing cash dividend O4) clientele effect is one of the factors in deciding on the dividend policy