Guns Blazin has 50 shares in Telus Corporation. Guns says that Telus is a very profitable company and as an owner he should be sharing in the profits. He has heard from his friend Crazee Coyote that "Telus is denying him his dividends". Explain to Guns and illustrate :

a) The nature of dividends

b) the circumstances in which a company may pay dividends

c) the concept of paying dividends with shares