Yahoo vs. Google Finance - Historical Prices | TigerDroppings.com

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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2194 posts

Yahoo vs. Google Finance - Historical Prices


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

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?







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Korkstand
LSU Fan
Plaquemine, LA
Member since Nov 2003
9169 posts
 Online 

re: Yahoo vs. Google Finance - Historical Prices


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.





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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2194 posts

re: Yahoo vs. Google Finance - Historical Prices


So I'm assuming HPQ has split once since that date?

Thanks for the clarification






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