Oes it matter whether or not firms pay dividends? Why?

please must use correct references (as I had a writer here used wrong references, and the professor gave me a low marks.) and as I have to submit this essay soon, so I hope you can give me a good essay so that I do not need to ask you to change anything. Thank you.br /
If you have any questions, please contact me ASAP.br /
Thank you.