CBA 0.92% $135.39 commonwealth bank of australia.

In essence it will drop by the dividend amount, there's no such...

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    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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