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With the aid of relevant examples critically discuss ANY FIVE (5) factors affecting dividend policy under the following headings; (15 Marks) 4.2.1 legal constraints 4.2.2

With the aid of relevant examples critically discuss ANY FIVE (5) factors affecting dividend policy under the following headings; (15 Marks) 4.2.1 legal constraints 4.2.2 growth prospects 4.2.3 dividends payments (interim and final) 4.2.4 market consideration 4.2.5 the clientele effect 4.2.6 signalling 4.2.7 agency considerations

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