AAPL's last eight ex-dividend mornings: adjusted reference vs. the actual open
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-22, from What Is an Ex-Dividend Date? How It Works.
| ex_date | prior_session_close | adjusted_reference | ex_date_open | dividend | actual_overnight_change |
|---|---|---|---|---|---|
| 2026-08-10 | 313.3 | 313.03 | 306.83 | 0.27 | -6.47 |
| 2026-05-11 | 293.22 | 292.95 | 291.979 | 0.27 | -1.24 |
| 2026-02-09 | 278.03 | 277.77 | 277.905 | 0.26 | -0.13 |
| 2025-11-10 | 268.54 | 268.28 | 268.96 | 0.26 | 0.42 |
| 2025-08-11 | 229.365 | 229.1 | 227.92 | 0.26 | -1.45 |
| 2025-05-12 | 198.54 | 198.28 | 210.97 | 0.26 | 12.43 |
| 2025-02-10 | 227.71 | 227.46 | 229.57 | 0.25 | 1.86 |
| 2024-11-08 | 227.69 | 227.44 | 227.17 | 0.25 | -0.52 |
- Rows × columns
- 8 × 6
- Period covered
- to
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
ex_date |
date | 2024-11-08 to 2026-08-10 | |
prior_session_close |
number | 198.54 to 313.3 | US dollars |
adjusted_reference |
number | 198.28 to 313.03 | |
ex_date_open |
number | 210.97 to 306.83 | US dollars |
dividend |
number | 0.25 to 0.27 | |
actual_overnight_change |
number | -6.47 to 12.43 |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
WITH divs AS (
SELECT 1 AS k, ex_dividend_date AS ex_date, cash_amount
FROM global_markets.stocks_dividends
WHERE ticker = 'AAPL' AND distribution_type = 'recurring' AND ex_dividend_date <= today()
ORDER BY ex_dividend_date DESC
LIMIT 8
),
rth AS (
SELECT toDate(toTimeZone(window_start, 'America/New_York')) AS et_date,
toTimeZone(window_start, 'America/New_York') AS et_ts,
open, close
FROM global_markets.delayed_stocks_minute_aggs
WHERE ticker = 'AAPL'
AND window_start >= now() - INTERVAL 800 DAY
AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60
+ toMinute(toTimeZone(window_start, 'America/New_York'))) >= 570
AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60
+ toMinute(toTimeZone(window_start, 'America/New_York'))) < 960
),
opens AS (SELECT 1 AS k, et_date, argMin(open, et_ts) AS day_open FROM rth GROUP BY et_date),
closes AS (SELECT 1 AS k, et_date, argMax(close, et_ts) AS day_close FROM rth GROUP BY et_date)
SELECT d.ex_date,
c.day_close AS prior_session_close,
round(c.day_close - d.cash_amount, 2) AS adjusted_reference,
o.day_open AS ex_date_open,
d.cash_amount AS dividend,
round(o.day_open - c.day_close, 2) AS actual_overnight_change
FROM divs d
INNER JOIN opens o ON o.et_date = d.ex_date
ASOF INNER JOIN closes c ON c.k = d.k AND c.et_date < d.ex_date
ORDER BY d.ex_date DESC
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