How DivDip Works
A plain-English explanation of how we collect and calculate every data point.
What is an Ex-Date Drop?
On the ex-dividend date, the stock price is adjusted down by approximately the dividend amount. DivDip measures the actual price change on that day compared to the prior close.
Drop % = (Price on Ex-Date − Price Day Before) / Price Day Before × 100
How We Measure Recovery
Recovery is defined as the price returning to within 2% of the pre-ex-date close price. We track how many calendar days it takes to reach that threshold. If the price has not recovered within the available price history, we mark it as “Not recovered yet.”
What is the Pay-Date Gap?
The pay-date gap is the number of calendar days between the ex-dividend date and the dividend payment date. This matters because if the price recovers before the cash arrives, the investor has effectively captured the dividend without a net loss on position value.
Recovered Before Pay Date
This metric shows the percentage of historical cycles where the price recovered to within 2% of its pre-dip level before the dividend payment date arrived.
Data Sources
- FMP (Financial Modeling Prep) for historical price data and dividend dates.
- Data is collected and refreshed regularly.
- Coverage: 2,400+ US dividend-paying securities including CEFs, ETFs, REITs, BDCs, and stocks.
Important Disclaimers
- Historical data only.
- Past recovery patterns do not guarantee future results.
- DivDip does not provide investment advice, buy/sell recommendations, or personalized financial guidance.