True/False and Why:
1. A stock dividend is a lower cost alternative to a cash dividend and can be considered at all but the initial stages of a corporate life cycle.
2. A poison pill strategy should be considered long before an invasive corporate raider attempts to buy your firm.
3. A dividend is an information signal to the marketplace about future prospects for the firm.
4. A consistent dividend policy should be known by the market and shareholders and should be maintained.