Hi, I look at lots of charts, it really doesn’t matter, they all go up or all go down depending on news, or prices of underlying commodity prices and numerous other reasons. So a stock can be in an up trend or down trend without any regard to the div. But often its only the next day or two down that you often see a drop equal to the exact amount of money paid out.
Think about all the miners with Divs that are on lows lately. Its almost like a no brainer. If Gold goes up they all go up and you locked in extra shares on the lows. DRD, SBSW, SCCO, IMPUY, CMCL, BTG, AUY, AEM, some Steel Divs: LIFZF, FSUGY, VALE, SID, TX, etc. I generally prefer buying good performers and if it has a p/e and a div, that’s even better.