Do balanced funds pay dividends?

Hello there, I'm curious about something related to balanced funds. Could you please clarify for me whether or not balanced funds typically pay dividends? I've heard conflicting opinions and would like to get a clear understanding of the matter. Are there any specific rules or regulations that govern whether a balanced fund pays dividends? Additionally, if they do pay dividends, what are the factors that determine the amount and frequency of those dividends? Thank you for your time and consideration.