or buy in 2011 for around 28. miss the high and sell for 35 in sept, having collected a year and a bit of dividend(about 6.40), miss the drop, and bail back in at 31.60. missing 2 divs for $2.50, but avoiding $3.40 of net drop.
If one had recieved 3.75 in dividends and payed 40% on those dividends,
one would have gained 2.25 in dividends, net.
That would leave the holder at 34.52,
leaving us all a hefty rise of +7.4% needed to attain 34.52 before the next ex-date.
It did happen last year, so hey, why not?