These aren't technically "adjustments," as regularly scheduled quarterly dividends ... lower to reflect the amount of the special dividend. For example, a one-time cash payment of $5 could turn ...

For example, consider the 1.15/share JPM dividend that went "ex-dividend" on 07/05/24. On the prior trading day — the last day where a seller knows that the buyer of their shares will be ...

Moreover, it helps push the underlying stock price higher. For example, let's say a dividend stock pays a $1.00 per-share dividend and the stock price is $33.33. That gives it a 3.0% dividend yield.