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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (153673)	5/10/2013 12:56:15 PM
From: david1951	Read Replies (1) \| Respond to of 213182

I think the Ex-Dividend caused the selling yesterday and today. Ex-Div date of 5/9 means they would have had to own the stock on 5/8 to get the dividend on 5/16. My question concerns what happens when the dividend is paid on 5/16. Does the stock price get adjusted downwards by the dividend amount paid out per share? I would think that fund managers holding Apple would have DRIPS. So another question is would this flow of money back into Apple be enough to basically make the dividend payout a wash as far as the stock price?