Dividend ConfusionEx-dividend date was November 14 the record date was November 15th the payout date is December 1st The drop in share price would occur on the ex-dividend date November 14 as the arbitrage for dividend stocks takes into account the day before the ex dividend day price and the day after price The tax loss sell would have occurred then which it did and continued to until the bottom of $ 43.91 now the price is just moving up