Describe possible reactions from the market of the following dividend payout changes: dividend initiation, dividend increase, and

Question:

Describe possible reactions from the market of the following payout changes: initiation, increase, and decrease.
a. initiation
b. increase
c. decrease

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...