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Yahoo vs. Google Finance - Historical Prices
Posted on 11/8/13 at 9:51 am
Posted on 11/8/13 at 9:51 am
Reviewing cost basis on HPQ (9/24/98, specifically). There is an inconsistency between the two sites and I wanted to see if anyone could explain why there is.
Yahoo finance says $17.14, Google says $26.69.
Yahoo has an footnote saying
I'm assuming Google adjusts for splits, but maybe not dividends? What does adjusting for dividends mean anyways?
Yahoo finance says $17.14, Google says $26.69.
Yahoo has an footnote saying
quote:
* Close price adjusted for dividends and splits.
I'm assuming Google adjusts for splits, but maybe not dividends? What does adjusting for dividends mean anyways?
1
Posted on 11/8/13 at 10:26 am to Cmlsu5618
Yahoo gives the prices "as they happened", in addition to the adjusted close price. You can see that on that date HPQ actually closed at $53.38, exactly double the price Google shows of $26.69. So, clearly, you are right in that Google adjusts for splits. Yahoo obviously takes it a step further and adjusts for dividends, as well. I believe that the difference in Google's and Yahoo's prices ($26.69 - $17.14 = $9.55) is the amount per share that HPQ has paid out in dividends since that date.
Posted on 11/8/13 at 11:23 am to Korkstand
So I'm assuming HPQ has split once since that date?
Thanks for the clarification
Thanks for the clarification
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