If a company pays dividends on a stock, does that mean that the stock has appreciated in value? Why or why not? A. Yes, the payment of dividends indicates that a stock’s value has increased.

B. No, the payment of dividends indicates that a company has earned profits.

C. Yes, the payment of dividends indicates that a company’s assets have grown.

D. No, the payment of dividends indicates that a company can repay investors.