Pretty sure I'm gonna sue WF...

Discussion in 'Stocks' started by Overnight, Jul 29, 2024.

  1. ph1l

    ph1l

    #21     Jul 30, 2024
    Overnight likes this.
  2. maxinger

    maxinger

    It went
    from 150 in Feb 2020
    to 175 in May 2021.
    Then it started to go down the mountain.
     
    Last edited: Jul 30, 2024
    #22     Jul 30, 2024
  3. NorgateData

    NorgateData Sponsor

    Hi Overnight,

    On Feb 13, 2020, the OHLC of MMM was:
    161.67,161.87,159.00,159.76

    So your trade price was of 159.54 was fine.

    You're viewing an adjusted chart that appears to incorporate some corporate actions since the date you're questioning.

    A split+spinoff+special dividend adjusted figure would have this in the $132.93-$135.34 range, and a split+spinoff+special+ordinary dividend adjusted (aka total return) chart would show this date wih a range of $110.77 $112.77.

    Assuming you still hold, you would have received (with ex-dates):

    2024-05-23 $0.70 Cash Dividend
    2024-04-01 1:1 Spinoff of Solventum
    2024-02-15 $1.51 Cash Dividend
    2023-11-16 $1.50 Cash Dividend
    2023-08-18 $1.50 Cash Dividend
    2023-05-18 $1.50 Cash Dividend
    2023-02-16 $1.50 Cash dividend
    2022-11-17 $1.49 Cash dividend
    2022-08-19 $1.49 Cash dividend
    2022-05-19 $1.49 Cash dividend
    2022-02-17 $1.49 Cash dividend
    2021-11-18 $1.48 Cash dividend
    2021-08-20 $1.48 Cash dividend
    2021-05-20 $1.48 Cash dividend
    2021-02-11 $1.48 Cash dividend
    2020-11-19 $1.47 Cash dividend
    2020-08-21 $1.47 Cash dividend
    2020-05-21 $1.47 Cash dividend

    Note also that on 2020-02-13, MMM went ex-dividend. Since you bought on the ex-dividend date you would not hat received that dividend ($1.47).

    In any case, MMM is certainly not at all time highs if you zoom out your chart far enough, whether or not you incorporate ordinary cash dividends into your chart adjustment algorithm.

    Here's a "Total Return" adjusted chart which incorporates all corporate actions including ordinary cash dividends up to today:

    upload_2024-7-31_7-49-53.png
     
    #23     Jul 30, 2024
    Overnight and taowave like this.
  4. Overnight

    Overnight

    Thank you for that explanation.
     
    #24     Jul 30, 2024
    VicBee likes this.