If a company pays a dividend of 15 cents per share, the payment is made to whom? A shareholders B consumers C a board of directors D bank lenders

The correct answer is A. shareholders.When a company pays a dividend, it is a distribution of a portion of the company's earnings to its shareholders. Dividends are typically paid out on a regular basis, such as quarterly or annually, and are a way for shareholders to receive a return on their investment in the company.The other options are incorrect:B. Consumers are the end-users of a company's products or services, not the recipients of dividends.C. The board of directors is responsible for declaring and approving the dividend payments, but they are not the recipients of the dividends.D. Bank lenders are creditors of the company and do not receive dividends, which are distributions to shareholders.So, in summary, when a company pays a dividend of 15 cents per share, the payment is made to the shareholders who have ownership in the company.