Franklin Resources (BEN) has touched its pre-ex close within 30 trading days in 95% 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 0.50), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, BEN sits roughly in line with the Financial Services sector benchmark of 95%. 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 Jun 29, 2026, with an expected dividend of $0.33.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.50+0.19 vs sector
Recovery engine
TL;DR over the most recent 20 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 95% | in line with sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.50 | +0.19 vs sector |
| Avg gap on ex-date | -1.01% | -0.43pp vs sector |
| Win rate at MOC exit | 45% | — |
| Median drawdown during hold | -3.92% | +0.46pp vs sector |
| Best / worst touch (days) | 1 / 15 | — |
Next ex-dividend
Confirmed by company declaration.
| Dividend | $0.33 |
| Per-event yield | 1.44% |
| Annualized yield | 3.96% |
| Previously paid | Mar 31, 2026 ($0.33) |
| Last record date | Mar 31, 2026 |
| Last payment date | Apr 10, 2026 |
BEN 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 Franklin Resources (BEN). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.33 | 0.48% | $22.91 | 1 | yes | yes | -1.31% | +10.04% | |
| Q4 | $0.33 | -1.44% | $24.38 | 4 | yes | yes | -2.95% | +4.51% | |
| Q3 | $0.32 | -1.20% | $23.37 | 4 | yes | yes | -3.68% | +1.50% | |
| Q2 | $0.32 | 2.04% | $23.48 | 1 | yes | yes | 0.21% | +5.92% | |
| Q1 | $0.32 | -2.59% | $19.28 | 1 | yes | yes | -15.72% | -10.84% | |
| Q4 | $0.32 | -2.61% | $20.66 | 5 | yes | yes | -8.86% | -2.90% | |
| Q3 | $0.31 | -1.92% | $20.79 | 15 | no | yes | -7.26% | -4.33% | |
| Q2 | $0.31 | -0.80% | $22.53 | 1 | yes | yes | -2.89% | -0.36% | |
| Q1 | $0.31 | -0.41% | $27.03 | 1 | yes | yes | -3.26% | +1.78% | |
| Q1 | $0.31 | -1.95% | $29.79 | >30 | no | no | -7.32% | -1.21% | |
| Q3 | $0.30 | -0.99% | $24.27 | 1 | yes | yes | -4.12% | -0.29% | |
| Q2 | $0.30 | -1.12% | $26.68 | 1 | yes | yes | -3.71% | -0.86% | |
| Q1 | $0.30 | -0.15% | $26.53 | 1 | yes | yes | -1.58% | +1.39% | |
| Q4 | $0.30 | -0.27% | $26.16 | 1 | yes | yes | -0.42% | +9.63% | |
| Q3 | $0.29 | -2.78% | $23.04 | 4 | yes | yes | -9.98% | +0.87% | |
| Q2 | $0.29 | -3.00% | $24.68 | 12 | no | yes | -8.39% | -0.41% | |
| Q1 | $0.29 | -0.35% | $28.98 | 1 | yes | yes | -11.73% | -6.52% | |
| Q4 | $0.29 | -0.62% | $33.85 | 1 | yes | yes | -1.95% | +1.60% | |
| Q3 | $0.28 | -0.52% | $30.95 | 7 | no | yes | -6.85% | -0.74% | |
| Q2 | $0.28 | 0.00% | $32.54 | 1 | yes | yes | -6.12% | -0.46% |
- +10.04%
- +4.51%
- +1.50%
- +5.92%
- -10.84%
- -2.90%
- -4.33%
- -0.36%
- +1.78%
- -1.21%
- -0.29%
- -0.86%
- +1.39%
- +9.63%
- +0.87%
- -0.41%
- -6.52%
- +1.60%
- -0.74%
- -0.46%
BEN Pre-Ex Touch Time Distribution
First trading session whose intraday high reached the pre-ex close within the 30-day measurement window. td = trading days from ex-date.
| Touch window | Distribution | Count | Share |
|---|---|---|---|
| ≤ 1 day | 12 | 60% | |
| 2–3 days | 0 | 0% | |
| 4–5 days | 4 | 20% | |
| 6–10 days | 1 | 5% | |
| 11–30 days | 2 | 10% | |
| 30+ | 1 | 5% |
BEN Dividend Capture Calculator — After-Tax Yield
Pre-filled with BEN's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
U.S. ordinary-income rate (22-37%) applies on holds shorter than 61 days. Hold longer to qualify for the 0/15/20% qualified-dividend rate.
- Gross dividend
- $66.00
- After-tax dividend
- $42.90
- Slippage round-trip
- -$4.58
- Net if price returns to pre-ex
- +$38.32
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.84%
- Annual if all succeed
- ~42.1%
BEN Dividend Capture Backtest Simulator
Replay every historical BEN ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close, or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan.
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).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · BEN (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-date | P&L |
|---|---|
| +0.86% | |
| -0.74% | |
| +0.86% | |
| +1.00% | |
| -0.41% | |
| +1.26% | |
| +1.15% | |
| +1.13% | |
| +1.12% | |
| +1.24% | |
| -1.21% | |
| +1.15% | |
| +1.38% | |
| -4.33% | |
| +1.55% | |
| +1.66% | |
| +1.36% | |
| +1.37% | |
| +1.35% | |
| +1.44% |
Results are illustrative only and are not financial advice. Capture simulations use historical prices and simplified costs and tax assumptions. Actual fills, borrow fees, and market rules vary. Consult a qualified advisor before trading.