Subject: Re: Dividends
You are right some people do think that way, but I'm not sure how many it actually is.

I used to spend a lot of time reading the "Dividend Growth Investing" board on TMF and on SeekingAlpha. Those people clearly believed dividends were free money.



it does baffle me just how a stock can drop say 2-3% to reflect the dividend payout that quarter/half year

When AT&T pays out $2,000,000,000 ($2 billion) in quarterly dividends, the company is obviously worth $2B less than it was the day before.