$Pfizer(PFE)$ I am tired of he

I am tired of hearing about the big dividend. I own a thousand shares. So I collect $420. However the stock automatically drops .42 per share the day after the dividend is paid. I now have to pay taxes on the $420 dividend. The share price of this stock was $28.05 the day before the dividend was paid. Makes more sense to cut the dividend altogether and keep the share price higher. If I am wrong prove it.

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