In which phase of the life cycle would one most likely encounter stock dividends?

Question

Quizplus · Accepted Answer

Stock dividends can occur in both Phase II and Phase III of the business life cycle. During Phase II, a company may start to generate consistent profits and use a portion of those profits to pay dividends to its shareholders. In Phase III, the company has established itself in the market and may have a more stable dividend payout. However, it is important to note that not all companies pay dividends, and even those that do may not do so consistently.

In Which Phase of the Life Cycle Would One Most