(A) Define and discuss the factors/constraints that firms must consider in the selection and implementation of their dividend policy.
(B) Compare and contrast the different dividend theories.
(C) Discuss the "psychology of dividends", and its impact on dividend policy.
(D) Also, define the mechanics of when a dividend is declared and paid, and its potential impact on value.
(E) Finally, why a firm would enter into a stock repurchase program as another way to increase value to shareholders.