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Observe how the stock prices shift around the declaration dates (1 day before to 1 day after the declared date) for each of the 3
Observe how the stock prices shift around the declaration dates (1 day before to 1 day after the declared date) for each of the 3 dividend events. Explain why such shifts are expected or unexpected. | ||||||||
Amount | Record Date | ExDiv Date | Pay Date | |||||
1.02 | 7/15/2020 | 9/3/2020 | 9/30/2020 | |||||
1.02 | 5/5/2020 | 6/4/2020 | 6/30/2020 | |||||
0.96 | 2/10/2020 | 3/5/2020 | 3/31/2020 | |||||
Date | Open | High | Low | Close | Volume | Price Move (%) | Record Date | |
07/14/2020 | 134.59 | 136.952 | 134.25 | 135.52 | 6765759 | 0.45 | 7/15/2020 | |
07/16/2020 | 134.056 | 134.36 | 133.05 | 133.88 | 3787074 | 0.14 | 7/15/2020 | |
05/04/2020 | 130.17 | 131.35 | 129.325 | 130.92 | 5245254 | 0.6 | 5/5/2020 | |
05/06/2020 | 131.58 | 132.23 | 130.69 | 130.78 | 4192435 | -0.68 | 5/5/2020 | |
02/07/2020 | 144.26 | 145.72 | 143.83 | 145.37 | 3138631 | 0.72 | 2/10/2020 | |
02/11/2020 | 146.21 | 146.36 | 144.87 | 146.08 | 3870725 | 0.29 | 2/10/2020 |
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