Which Statement Most Accurately Describes Dividend Irrelevance

Which statement most accurately describes dividend irrelevance?

A) Dividends are irrelevant because investors are only interested in company profits,not cash distributions from those profits.
B) For each dollar received as dividends,the original shareholders give up future dividends with a present value of one dollar,which reduces the value of their shares by one dollar.
C) For each dollar received in dividend,the original shareholders give up future dividends with a present value of one dollar,which maintains the value of their shares.
D) None of the given options.