In essence it will drop by the dividend amount, there's no such thing as a free lunch - if it was as simple as a quick entry/exit with no risk, everyone would be trading it.
If the stock would have been up roughly by the dividend amount on that day (like it is up 2% today), then it could remain flat as it goes ex-div. If it's a down day (say down 2%), it would likely be down 4% instead.
Buying for Dividend, page-4
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Last
$131.63 |
Change
-1.030(0.78%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $130.86 | $131.63 | $130.40 | $504.5M | 4.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5713 | $131.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.65 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |