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Is There an Efficient Market for Dividends?
There's another two aspects of it and more of them suggest that the payment of dividends has little to no impact on stock price. So a one hander tell me it has no effect on price and now you're telling me it will have a negative effect on price. Yeah. It can happen, it does happen, but we don't have an efficient market that just stays flat either. The market that is up. I never really observed it with a stock like Johnson and Johnson. No, I think they're so predictable, so reliable. If you would say they're efficient markets, then it was already priced in that they will still pay another four quarters of dividend. So why sell that