A Homemade Dividend Is a Dividend

A homemade dividend is a dividend:

A) Created by adding options to an equity position.
B) Paid on convertible bonds.
C) Created by an investor who purchases shares prior to the ex-dividend date and resells the shares on the ex-dividend date.
D) Created by an investor who is revising the dividends paid by the issuer by either selling shares of stock or reinvesting dividends.
E) Paid in shares of stock rather than in cash.