I'm using a source where it doesn't calculate the Adjusted Closing Price, but it gives the value for the Cash Dividend e.g. date and value of the dividend given.
I read that I needed to just minus the dividend value at the same day as the closing price to get the Adjusted Closing Price.
My question is, do I minus the value of the dividend on the subsequent closing price days or just the day it was given?
| Date | Closing Price | Adjusted Closing Price |
|---|---|---|
| 01/01/2001 | 1.00 | 1.00 |
| 02/01/2001 * Div Cash given at 0.30 | 1.50 | 1.20 |
| 03/01/2001 | 1.60 | Do I also minus the dividend that I got yesterday? |
| 04/01/2001 | 1.65 | Question: Same here. Do I minus this as well? |
I asked because when I looked at Yahoo Finance, the Adjusted Closing Price is different every day which really doesn't add up as dividends are given on a specific day.
[link] [comments] https://www.reddit.com/r/stocks/comments/14afg0w/confused_with_the_adjusted_closing_price_for_cash/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
