GUIDED TOTAL-RETURN LAB

Cash-Dividend Total-Return Adjustment

Choose a dividend case and return variant. Start at the prior close, step across the ex-date, and watch price return, eligible cash, total return, and the backward factor stay mathematically consistent.

Normal
Synthetic raw and total-return-adjusted close histories Thirty-six synthetic closes with the ex-date at observation nineteen. The adjusted history uses an ex-date-close factor on prior observations only. ex-date
raw closetotal-return basisex-date boundary

Audit window

ObservationRaw closeAdjusted closeStateCumulative factor

Synthetic, unitless teaching data. Canonical lab event: revision 2, ordinary cash, same currency, known before the ex-date. No issuer or vendor prices are shown.