Dividend paid by a non finance company is :

Financing Activity

The correct answer is Option (3) - Financing Activity.

The dividend paid by a non-finance company is classified as a financing activity in the cash flow statement. In the cash flow statement, cash flows are categorized into three main activities: operating activities, investing activities, and financing activities. Dividends fall under financing activities because they involve the distribution of profits to the company's shareholders. Dividend paid is a financing activity. If it is paid by non finance company then it is a financing activity but if it is paid by any financing company like mutual fund company then it will be an operating activity as it is their core activity.