The closing price of a share of stock today is $67.18. The company pays a quarterly dividend of $1.65 per share. What would the opening price of the stock be tomorrow if tomorrow is the ex-date? Shareholders of this stock are in the 25% tax bracket. I want to see if I'm on the right track with solving this type of problem. I believe that the opening price the next day would be $68.83, which is the Price of the stock + the next dividend to be paid. The tax rate of shareholders does not affect stock price sold on the market. Is this the correct way to solve this problem?