Final answer:
Dividends are a distribution of cash or other property from a firm to its owners. This statement is true.
Step-by-step explanation:
Dividends are a distribution of cash or other property from a firm to its owners. This statement is true.
When a company earns a profit, it can choose to distribute a portion of that profit to its shareholders in the form of dividends. Dividends are typically paid in cash, but they can also be paid in additional shares of stock or other types of property. The decision to pay dividends is made by the firm's management and board of directors.