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.
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CBA
commonwealth bank of australia.
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0.92%
!
$182.46

Buying for Dividend, page-4
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Last
$182.46 |
Change
1.660(0.92%) |
Mkt cap ! $305.3B |
Open | High | Low | Value | Volume |
$180.48 | $183.47 | $180.00 | $630.3M | 3.632M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 51 | $182.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$182.88 | 7 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 51 | 182.460 |
1 | 7 | 182.100 |
1 | 6 | 182.000 |
1 | 500 | 181.620 |
1 | 3 | 181.600 |
Price($) | Vol. | No. |
---|---|---|
183.000 | 950 | 4 |
183.300 | 1206 | 3 |
183.310 | 100 | 1 |
183.400 | 1000 | 1 |
183.440 | 16 | 1 |
Last trade - 16.13pm 18/07/2025 (20 minute delay) ? |
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CBA (ASX) Chart |