Is there a dividend effect on stock prices?

Question

If a stock costs $100 and the quarterly dividend is $3, can I expect the stock to drop $3 in value when:

it drops on the ex-dividend date, which I think is what you mean by "granted". — D Stanley, Jul 23 '19 at 15:01

score 2 · Answer 1 · answered Jul 23 '19 at 15:08

2

Stock exchanges reduce share price by the exact amount of the dividend on the ex-dividend date.

You can read my explanation of this here:

answered Jul 23 '19 at 15:08

Bob Baerker

1 Answers1