In recent years, corporate dividend policy has become an important decision area. Managers need to take into account the views and expectations of shareholders and other providers of capital when making dividend decisions. The attitude of shareholders to changes in the level of dividend paid must be balanced against the availability and cost of internal and external sources of finance.

Based on relevant literature, you are required to discuss and evaluate companies dividend policies and decisions.

QUESTION

1. Clear and detailed evaluation of stock dividend from shareholder and company points of view.

- NO HANDWRITING & MINIMUM 1000 WORDS-