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Cryptocurrency Q&A Why does NAV drop after dividend?

Why does NAV drop after dividend?

ZenMind ZenMind Mon Jan 06 2025 | 5 answers 1217
I observed that the NAV of a particular investment fund decreased after the dividend was paid out. I'm curious to understand the reason behind this drop in NAV following the dividend distribution. Why does NAV drop after dividend?
nav drop dividend stock price

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