REQUIREMENT

Dividends may have a positive or negative information content for shareholders. Dividend policy can also provide information about where the company is on its life cycle curve. In this regard, paying high dividends may not be the right strategy for every company, particularly young, growth companies that need to retain the funds to create growth.

Based on the relevant literature, you are required to explain and evaluate companies' dividend policies and decisions

1.

Clear and detailedexplanation of the types of dividend policies.

2.

Clear and detailed explanationoffactors affecting companies' dividend policy.

3.

Clear and detailedevaluation of stock split and stock dividend from shareholder and company points of view.