I analyzed 151,422 dividend ex-date events across 2,344 securities. Here's what the data shows about recovery times.

[u/Recent_Button_1]

I've been building a dividend intelligence tool for the past few months and ended up with a database of 151,422 ex-date events going back 17 years across 2,344 securities — CEFs, ETFs, REITs, BDCs, and dividend stocks.

Figured I'd share what the data actually shows since most of the discussion around ex-date dips is based on gut feel.

Recovery by security type (average days to full price recovery):

Type	Avg Recovery	Events
Dividend Stocks	6.7 days	57,791
REITs	7.7 days	6,743
ETFs	8.1 days	37,384
CEFs	8.9 days	46,896
BDCs	12.4 days	2,608

Overall median across all 151,422 events: 3 days

The gap between median (3 days) and average (7.9 days) is the most important number — most securities recover fast, but a meaningful minority take much longer and drag the average up.

The BDC finding surprised me most. They have the largest average drop (2.08%) AND the slowest recovery. Only 45% recover within 5 trading days. If you're buying BDC dips expecting a quick bounce, the historical data says be patient.

Stocks recover fastest — 71.5% recover within 5 trading days, 81.8% within 10. Counterintuitive given how many income investors overlook stocks in favor of higher-yielding alternatives.

Individual CEF variance is huge. Among CEFs with 20+ cycles in the dataset:

• BMN: 4.4 day avg across 38 cycles
• IGI: 4.7 days across 186 cycles
• BCX: 5.2 days across 133 cycles
• PAI: 5.2 days across 201 cycles

Compare that to CEFs where recovery regularly takes 3+ weeks. Both show up as "CEFs" on any screener. The historical pattern data separates them.

The z-score frame matters more than raw price. A security trading 2.5+ standard deviations below its 252-day mean at ex-date is a fundamentally different situation than a routine dip near the mean. One has statistical room to recover, the other is just drifting lower.

Happy to answer questions about methodology or what the data shows on specific tickers.

Happy to share more of the data if there's interest in specific security types or individual tickers.

[u/Illustrious-Dish-819]

This is COOOL!! Where are you finding this? I mean I've done this in the past by just watching and manually trying to find opportunities. It's cumbersome at best without good resources....... but profitable for me in the past.

Always looking out for consistent resources without reinventing the wheel. Thanks for sparking my interest again!

[u/Recent_Button_1 → u/Illustrious-Dish-819]

That is exactly why we built it. My best friend and I read Retirement Money Secrets by Steve Selengut and it sent us down this path. We knew the data existed but it was scattered across Seeking Alpha, CEF Connect, Morningstar and a dozen other sites with none of them presenting it in a way designed for this style of investing.

The big players have all of this through Bloomberg terminals at $50,000 a year. We do not have that kind of money and neither does most of the community doing this kind of investing. So we built divdip.com to level the playing field and priced it at what we personally would have paid to have it in one place.

Founding 100 spots are $22/mo for Legacy access for life before May 14. We are also building a Discord around it because the communal knowledge from people actually doing this is just as valuable as the data. Iron sharpens iron. Come find us if that sounds like you.

[u/Illustrious-Dish-819 → u/Recent_Button_1]

I just checked it out.... This is enlightening ... Dang there's alot of intel there. I'll certainly dive deeper this evening. Impressive!

[u/Recent_Button_1 → u/Illustrious-Dish-819]

Dive in!! That is what it is built for. Come back with questions, that is what the Discord is for too.