Adjusted Closing Price
A stock's closing price on any given day of trading that has been amended to include any distributions and corporate actions that occurred at any time prior to the next day's open. The adjusted closing price is often used when examining historical returns or performing a detailed analysis on historical returns. Investopedia Says:
The adjusted closing price is a useful tool when examining historical returns because it gives analysts an accurate representation of the firm's equity value beyond the simple market price. It accounts for all corporate actions such as stock splits, dividends/distributions and rights offerings. Related Terms:
Cash Distribution Per Unit - CDPU
Close
Closing Price
Distribution
Dividend
Equalizing Dividend
Open
Rights Offering (Issue)
Stock Split |