I am looking Volvo's stock prices around the dividend on the 5th of April:
http://finance.yahoo.com/q/hp?s=VOLVB.ST
The close price moves:
579 -> 581 + 25
Where 25 is the dividend.
This corresponds to an increase of 4.6%.
However the adjusted close price moves:
94.40 -> 116.20
Corresponding to an increase of 23.1%.
Can anyone explain this?
Are the adjusted close prices from Yahoo unreliable or what else is wrong?
http://finance.yahoo.com/q/hp?s=VOLVB.ST
The close price moves:
579 -> 581 + 25
Where 25 is the dividend.
This corresponds to an increase of 4.6%.
However the adjusted close price moves:
94.40 -> 116.20
Corresponding to an increase of 23.1%.
Can anyone explain this?
Are the adjusted close prices from Yahoo unreliable or what else is wrong?