Days from ex-dividend date to payment, four years of distributions

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 How ADRs Work: Ratios, Fees and Dividends.

Rows × columns

8 × 3

Computed

2026-08-22

Completeness

No missing values

Source

US exchange, SIP and OPRA market data

Licence

Strasmore terms · free, no signup

Formats

JSON · CSV · the SQL below

What each column holds

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 2026-08-22, and the query below is what returned them.

SELECT
    ticker,
    round(avg(dateDiff('day', ex_dividend_date, pay_date)), 1) AS avg_days_ex_to_pay,
    max(dateDiff('day', ex_dividend_date, pay_date))           AS longest_days_ex_to_pay
FROM
(
    SELECT
        ticker,
        ex_dividend_date,
        any(pay_date) AS pay_date
    FROM global_markets.stocks_dividends
    WHERE ticker IN ('TSM', 'NVO', 'SAP', 'UL', 'BTI', 'KO', 'JNJ', 'PG')
      AND ex_dividend_date >= today() - 1460
      AND ex_dividend_date <  today()
    GROUP BY ticker, ex_dividend_date
)
WHERE pay_date > ex_dividend_date
GROUP BY ticker
ORDER BY avg_days_ex_to_pay DESC