RE: Please explainGenerally, after the ex dividend date, the price of the stock will decline approximately and often exactly the price of the dividend. My guess is that if CS if trading for say $3 before ex dividend date, it will trade at roughly $2 following ex dividend since the value of the dividend would be roughly $1 (1 share for 3). That's the way it usually works with a cash dividend. I suspect it would be the same for a stock dividend. Coach may know for sure.