A Residual Dividend Is a Payment to Shareholders That

A residual dividend is a payment to shareholders that:

A) Occurs on a regular quarterly basis and normally remains constant in amount.
B) Is paid in addition to the normal quarterly distribution amount.
C) Is paid only from funds remaining after all positive net present value projects have been funded.
D) Represents the funds remaining after a partial liquidation has been used to reduce debt.
E) Occurs based on funds generated from an unusual one-time event.