Which of the following is NOT a type of dividend?

Dividends are distributions made by a corporation to its shareholders, and they typically come in various forms. Cash dividends are the most common, where shareholders receive cash payments. Stock dividends involve the distribution of additional shares of stock, allowing shareholders to increase their investment in the company without needing to make new cash purchases. Property dividends, although less common, involve the distribution of assets other than cash or stock, such as products or other tangible assets.

Investment, however, is not considered a type of dividend. While a company may reinvest profits into its operations or acquire investments, such actions do not represent a distribution to shareholders. Dividends are intended as a return on the shareholders' investment, while investments made by the company are focused on growth and expansion rather than direct returns to shareholders. Therefore, the correct answer identifies investment as outside the traditional categories of dividends.