Which one of these statements is correct?

A)In the U.S. economy, dividends are quite insignificant.

B)Over the last few decades, the percentage of U.S. firms paying dividends has increased.

C)The tax law change in May 2003 is cited as one reason why the percentage of dividend payers has decreased in the U.S.

D)Dividends are more tax-advantaged than capital gains.

E)Much of the dividend income paid in the U.S. is related to a small number of firms.