If you buy awp at these levels you get 10% of your cash back with the next 3 declared divy's! Also you are buying at a huge discount to net asset value. Risk reward is huge at current price of AWP! Barrons says that the retail investor has been pannicked" out of cef's and discounts are at never seen b4 discounts! institutions are starting to buy as retail investors continue to sell!
You are wrong. In a perfect world you would be right. The stock price would drop the same amount as the dividend, but anybody with any sort of knowledge about stocks knows this is does not happen. History has shown that there is very little correlation between stock dividends paid out and a lower stock price, especially on regular monthly dividends.