Analyze the factors that influence and affect the setting of the optimal dividend policy in terms of the following:

The information content in dividend $($Refer to an example in your answer$)$

The clientele effect $($Refer to an example in your answer$)$

Mature versus growth company $($Refer to an example in your answer$)$

Tax brackets of investors $($Refer to an example in your answer$)$

Residual theory $($Refer to an example in your answer$)$