Why does stock go down after dividend?

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Tags

1. #remains
2. #however
3. #declaration
4. #value
5. #accordingly
6. #price
7. #stock
8. #common
9. #stable
10. #outstanding
11. #dividend
12. #while
13. #often
14. #increases
15. #dilutes
16. #company
17. #share
18. #after
19. #number
20. #reduced
21. #shares
22. #because