"In an economy with no taxes or other imperfections, how can an investor, who owns 1,000 non-dividend paying shares priced at $50 each, create 20% homemade dividend?"

		Sell 200 shares and retain 800 shares priced at $50.
		Sell 100 shares and retain 900 shares priced at $48.
		Sell 100 shares and retain 900 shares priced at $52.
		Homemade dividends can be created only in an economy with imperfections.