It drop 8 out of 10 times before earning 4 to 5 week before ex div date than climb back till near ex div date if expectation is met or not met it will usually drop after earning. Follow the herd and make money, normal investing is not followed in this sock market.Intelligent people mostly lose money, one need to be sheep, (trend follower) do not use brain if you want to make money. Only growth is rewarded fundamentals are not.