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Amgen (AMGN) Dividend Capture: 0.69% per event (3.0% annualized)

Updated May 6, 202620 eventshigh
Amgen Inc. logo
Amgen

AMGN

Amgen (AMGN) has touched its pre-ex close within 30 trading days in 90% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.32), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, AMGN sits noticeably below the Healthcare sector benchmark of 100%. The sector median time-to-touch is 1 trading day, matching the peer pace.

Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next confirmed ex-dividend date is May 15, 2026, with an expected dividend of $2.52.

Touch rate (30d)
90%-10pp vs sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.32+0.17 vs sector

Recovery engine

TL;DR over the most recent 20 events.

30-day touch rate
90%
-10pp vs sector
Median days-to-touch
1d
in line with sector
Signal-to-noise (div / ATR)
0.32
+0.17 vs sector
Avg gap on ex-date
-0.57%
-0.23pp vs sector
Win rate at MOC exit
50%
Median drawdown during hold
-4.77%
-0.39pp vs sector
Best / worst touch (days)
1 / 27

Next ex-dividend

Confirmed by company declaration.

in 8 days
Dividend
$2.52
Per-event yield
0.69%
Annualized yield
2.97%
Previously paid
Feb 13, 2026 ($2.52)
Last record date
Feb 13, 2026
Last payment date
Mar 6, 2026

How AMGN ranks in Healthcare

Compared with other stocks in this sector that pass our capture-quality filter (40 tickers). Lower rank number is better on every metric below.

Full sector ranking
  • 30-day touch rate
    #30of 40

    Beats ~25% of peers on this metric

  • Median days to touch
    #1of 40

    Beats ~98% of peers on this metric

  • Signal-to-noise
    #12of 40

    Beats ~70% of peers on this metric

AMGN Dividend Capture History — Last 20 Ex-Dividend Events

Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Amgen (AMGN). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • Q1

    Dividend
    $2.52
    Gap %
    -0.97%
    Pre-ex close
    $366.20
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.23%
    P&L 5d %
    +4.30%
  • Q4

    Dividend
    $2.38
    Gap %
    -0.36%
    Pre-ex close
    $336.07
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.21%
    P&L 5d %
    +1.13%
  • Q3

    Dividend
    $2.38
    Gap %
    -0.09%
    Pre-ex close
    $295.76
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.75%
    P&L 5d %
    -1.92%
  • Q2

    Dividend
    $2.38
    Gap %
    -0.38%
    Pre-ex close
    $271.69
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.46%
    P&L 5d %
    +0.86%
  • Q1

    Dividend
    $2.38
    Gap %
    -0.75%
    Pre-ex close
    $296.97
    High touch (td)
    4
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.68%
    P&L 5d %
    +5.09%
  • Q4

    Dividend
    $2.25
    Gap %
    -1.49%
    Pre-ex close
    $283.61
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -9.10%
    P&L 5d %
    +4.46%
  • Q3

    Dividend
    $2.25
    Gap %
    -0.53%
    Pre-ex close
    $325.39
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.50%
    P&L 5d %
    +1.74%
  • Q2

    Dividend
    $2.25
    Gap %
    -1.38%
    Pre-ex close
    $319.04
    High touch (td)
    27
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -7.38%
    P&L 5d %
    -3.23%
  • Q1

    Dividend
    $2.25
    Gap %
    -0.76%
    Pre-ex close
    $290.07
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.74%
    P&L 5d %
    +0.47%
  • Q4

    Dividend
    $2.13
    Gap %
    -0.15%
    Pre-ex close
    $273.03
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.58%
    P&L 5d %
    -1.99%
  • Q3

    Dividend
    $2.13
    Gap %
    -0.43%
    Pre-ex close
    $265.02
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.85%
    P&L 5d %
    -2.37%
  • Q2

    Dividend
    $2.13
    Gap %
    -0.82%
    Pre-ex close
    $227.88
    High touch (td)
    21
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -5.88%
    P&L 5d %
    -1.94%
  • Q1

    Dividend
    $2.13
    Gap %
    -0.39%
    Pre-ex close
    $243.66
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -4.95%
    P&L 5d %
    -2.20%
  • Q4

    Dividend
    $1.94
    Gap %
    0.15%
    Pre-ex close
    $283.60
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.65%
    P&L 5d %
    +0.61%
  • Q3

    Dividend
    $1.94
    Gap %
    -0.77%
    Pre-ex close
    $253.15
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -5.98%
    P&L 5d %
    -2.65%
  • Q2

    Dividend
    $1.94
    Gap %
    -0.89%
    Pre-ex close
    $243.40
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.70%
    P&L 5d %
    +3.11%
  • Q1

    Dividend
    $1.94
    Gap %
    -0.70%
    Pre-ex close
    $228.20
    High touch (td)
    12
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -6.05%
    P&L 5d %
    -2.13%
  • Q4

    Dividend
    $1.76
    Gap %
    -0.33%
    Pre-ex close
    $211.39
    High touch (td)
    15
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -5.14%
    P&L 5d %
    -3.26%
  • Q3

    Dividend
    $1.76
    Gap %
    -0.62%
    Pre-ex close
    $229.68
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.14%
    P&L 5d %
    -0.99%
  • Q2

    Dividend
    $1.76
    Gap %
    0.33%
    Pre-ex close
    $252.07
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -6.94%
    P&L 5d %
    +0.28%

AMGN Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 70% (14 events)
  • ≤ 1 day
    1155%
  • 2–3 days
    210%
  • 4–5 days
    15%
  • 6–10 days
    00%
  • 11–30 days
    420%
  • 30+
    210%

55% within 1d · 70% within 5d · 90% within 30d

AMGN Dividend Capture Calculator — After-Tax Yield

Pre-filled with AMGN's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.

Slippage preset

Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.

Display
Gross dividend
$504.00
After-tax dividend
$327.60
Slippage round-trip
-$73.24

Net if price returns to pre-ex
+$254.36
Required recovery to break even
0.00%

Per-event after-tax yield
+0.35%
Annual if all succeed
~17.5%
Scenariosbase rate 90%
Best (limit fills)+$254.36
Average (base rate)+$203.96
Worst (no recovery)$249.64

Open in full calculator →

AMGN Dividend Capture Backtest Simulator

Replay every historical AMGN ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.

Limit window:Quarter:

Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).

Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).

Avg P&L per trade(20 events)-0.24%
Win rate (20 trades)
70%
Cumulative P&L
i
-4.75%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+63.36%Span: May 14, 2021 → Feb 13, 2026 · long-horizon total return vs repeating capture cycles
Best event
+0.88%
Worst event
-3.26%

Cumulative P&L (equity curve)

Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.

+1.5%+0.0%-10.1%May 14, 2021 · cumulative +0.70% (sum of returns through this event)Aug 16, 2021 · cumulative +1.46% (sum of returns through this event)Nov 15, 2021 · cumulative -1.80% (sum of returns through this event)Feb 14, 2022 · cumulative -3.92% (sum of returns through this event)May 16, 2022 · cumulative -3.13% (sum of returns through this event)Aug 17, 2022 · cumulative -5.78% (sum of returns through this event)Nov 16, 2022 · cumulative -5.10% (sum of returns through this event)Feb 14, 2023 · cumulative -7.30% (sum of returns through this event)May 17, 2023 · cumulative -9.25% (sum of returns through this event)Aug 17, 2023 · cumulative -8.44% (sum of returns through this event)Nov 16, 2023 · cumulative -7.66% (sum of returns through this event)Feb 15, 2024 · cumulative -6.89% (sum of returns through this event)May 16, 2024 · cumulative -10.11% (sum of returns through this event)Aug 16, 2024 · cumulative -9.42% (sum of returns through this event)Nov 18, 2024 · cumulative -8.63% (sum of returns through this event)Feb 14, 2025 · cumulative -7.83% (sum of returns through this event)May 16, 2025 · cumulative -6.95% (sum of returns through this event)Aug 22, 2025 · cumulative -6.15% (sum of returns through this event)Nov 21, 2025 · cumulative -5.44% (sum of returns through this event)Feb 13, 2026 · cumulative -4.75% (sum of returns through this event)
May 14, 2021Feb 13, 2026

Per-event P&L distribution

20 trades in this sample · bar height ∝ count in each bucket (gross % per event).

2
<-3%
4
-3..-1%
 
-1..0%
 
0%
14
0..1%
 
1..3%
 
>3%

Scenario P&L by event · AMGN (20)

Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.

Ex-dateP&L
+0.70%
+0.77%
-3.26%
-2.13%
+0.80%
-2.65%
+0.68%
-2.20%
-1.94%
+0.80%
+0.78%
+0.78%
-3.23%
+0.69%
+0.79%
+0.80%
+0.88%
+0.80%
+0.71%
+0.69%

Looking for full price seasonality? See AMGN seasonality →

Frequently asked questions

What is the dividend capture success rate for AMGN?

Across the last 20 ex-dividend events for Amgen (AMGN), the post-ex intraday high reached the pre-ex close within 30 trading days in 90% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.

How long does it take AMGN to recover its dividend gap?

Historically, AMGN touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 27 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.

Is the dividend on AMGN large enough to capture?

AMGN has a signal-to-noise ratio of 0.32 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.

When is the next ex-dividend date for AMGN?

The next ex-dividend date for Amgen (AMGN) is May 15, 2026, confirmed (declared by the company).

How does AMGN compare to its sector for dividend capture?

Within Healthcare, the median 30-day pre-ex touch rate is 100%. AMGN sits at 90% — at or below the sector benchmark.

Why does AMGN dividend capture measure recovery via intraday high, not close?

A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".

How are dividend capture trades taxed in the US?

Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.

What are the main risks of a dividend capture strategy?

Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.