European Residential REIT T.ERE.UN

Maybe a dumb question ?

[Panic54321]

Since the ex dividend date will be December 23...

 is it likely the share price will basically drop by the dollar 10 dividend the next day or so?  

   I know other stocks that go ex dividend date, generally drop in price after the dividend date.

so if the shares are at $3.67 today.  

could I say $ 3.67 + the $1..10 or is The dollar 10 baked into $3.67.  

thanks for any advice, just trying to decide when to take some off the table..

average share price is around $2.50

any further insight would be great .. 
thx !!