ick the correct statement related to cash dividends from below Multiple Choice Extra cash dividends cannot be repeated in the future A dividend is never a liability of the issuer until it has been declared if a firm has paid regular quarterly dividends for ot least five consecutive years,it is egally obligated to continue doing so Extra cash dividends cannot be repeated in the future. A dividend is never a liability of the issuer until it has been declarec If a firm has paid regular quarterly dividends for at least five consecutive years, it is legally obligated to continue doing so. Regular cash dividends reduce paid-in copital The dividend yield expresses the ennual dividend as o percentage of net income