Brown & Brown (BRO) Dividend Capture: 0.23% per event (1.1% annualized)
Brown & Brown (BRO) has touched its pre-ex close within 30 trading days in 100% 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 0.08), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, BRO 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 May 11, 2026, with an expected dividend of $0.17.
- Touch rate (30d)
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.08-0.23 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.08-0.23 vs sector
- Avg gap on ex-date
- 0.28%+0.85pp vs sector
- Win rate at MOC exit
- 75%
- Median drawdown during hold
- -1.39%+3.00pp vs sector
- Best / worst touch (days)
- 1 / 16
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.17
- Per-event yield
- 0.23%
- Annualized yield
- 1.12%
- Previously paid
- Feb 4, 2026 ($0.17)
- Last record date
- Feb 4, 2026
- Last payment date
- Feb 11, 2026
How BRO ranks in Financial Services
Compared with other stocks in this sector that pass our capture-quality filter (101 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#1of 101
Beats ~99% of peers on this metric
- Median days to touch#1of 101
Beats ~99% of peers on this metric
- Signal-to-noise#99of 101
Beats ~2% of peers on this metric
BRO 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 Brown & Brown (BRO). 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 | $0.17 | -0.28% | $71.96 | 1 | yes | yes | -8.73% | -6.64% | |
| Q4 | $0.17 | -0.24% | $78.99 | 1 | yes | yes | -3.57% | +1.74% | |
| Q3 | $0.15 | -0.14% | $94.76 | 1 | yes | yes | -0.34% | +2.30% | |
| Q2 | $0.15 | 1.10% | $111.32 | 1 | yes | yes | -3.79% | +0.75% | |
| Q1 | $0.15 | 0.58% | $105.91 | 1 | yes | yes | -0.25% | +3.33% | |
| Q4 | $0.15 | 6.02% | $107.60 | 1 | yes | yes | -0.07% | +4.14% | |
| Q3 | $0.13 | 0.00% | $99.37 | 1 | yes | yes | -0.71% | +2.07% | |
| Q2 | $0.13 | 0.76% | $82.85 | 1 | yes | yes | -1.28% | +5.25% | |
| Q1 | $0.13 | -0.58% | $77.56 | 1 | yes | yes | -2.28% | +3.25% | |
| Q4 | $0.13 | 0.07% | $68.87 | 1 | yes | yes | -0.65% | +3.48% | |
| Q3 | $0.12 | 0.00% | $71.14 | 1 | yes | yes | -1.39% | -0.61% | |
| Q2 | $0.12 | 0.34% | $64.11 | 1 | yes | yes | 0.33% | +2.63% | |
| Q1 | $0.12 | -0.02% | $58.40 | 1 | yes | yes | -2.83% | +0.04% | |
| Q4 | $0.12 | 0.43% | $58.79 | 1 | yes | yes | -7.11% | -3.78% | |
| Q3 | $0.10 | -0.32% | $65.28 | 1 | yes | yes | -0.47% | +4.54% | |
| Q2 | $0.10 | -0.83% | $58.96 | 16 | no | yes | -8.57% | -1.62% | |
| Q1 | $0.10 | -0.93% | $68.08 | 2 | yes | yes | -3.83% | +1.65% | |
| Q4 | $0.10 | 0.00% | $61.87 | 1 | yes | yes | -1.39% | +2.01% | |
| Q3 | $0.09 | 0.11% | $54.79 | 1 | yes | yes | -0.24% | +3.42% | |
| Q2 | $0.09 | -0.49% | $53.55 | 1 | yes | yes | -5.17% | -1.77% |
Q1
- Dividend
- $0.17
- Gap %
- -0.28%
- Pre-ex close
- $71.96
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -8.73%
- P&L 5d %
- -6.64%
Q4
- Dividend
- $0.17
- Gap %
- -0.24%
- Pre-ex close
- $78.99
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.57%
- P&L 5d %
- +1.74%
Q3
- Dividend
- $0.15
- Gap %
- -0.14%
- Pre-ex close
- $94.76
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.34%
- P&L 5d %
- +2.30%
Q2
- Dividend
- $0.15
- Gap %
- 1.10%
- Pre-ex close
- $111.32
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.79%
- P&L 5d %
- +0.75%
Q1
- Dividend
- $0.15
- Gap %
- 0.58%
- Pre-ex close
- $105.91
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.25%
- P&L 5d %
- +3.33%
Q4
- Dividend
- $0.15
- Gap %
- 6.02%
- Pre-ex close
- $107.60
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.07%
- P&L 5d %
- +4.14%
Q3
- Dividend
- $0.13
- Gap %
- 0.00%
- Pre-ex close
- $99.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.71%
- P&L 5d %
- +2.07%
Q2
- Dividend
- $0.13
- Gap %
- 0.76%
- Pre-ex close
- $82.85
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.28%
- P&L 5d %
- +5.25%
Q1
- Dividend
- $0.13
- Gap %
- -0.58%
- Pre-ex close
- $77.56
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.28%
- P&L 5d %
- +3.25%
Q4
- Dividend
- $0.13
- Gap %
- 0.07%
- Pre-ex close
- $68.87
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.65%
- P&L 5d %
- +3.48%
Q3
- Dividend
- $0.12
- Gap %
- 0.00%
- Pre-ex close
- $71.14
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.39%
- P&L 5d %
- -0.61%
Q2
- Dividend
- $0.12
- Gap %
- 0.34%
- Pre-ex close
- $64.11
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.33%
- P&L 5d %
- +2.63%
Q1
- Dividend
- $0.12
- Gap %
- -0.02%
- Pre-ex close
- $58.40
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.83%
- P&L 5d %
- +0.04%
Q4
- Dividend
- $0.12
- Gap %
- 0.43%
- Pre-ex close
- $58.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.11%
- P&L 5d %
- -3.78%
Q3
- Dividend
- $0.10
- Gap %
- -0.32%
- Pre-ex close
- $65.28
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.47%
- P&L 5d %
- +4.54%
Q2
- Dividend
- $0.10
- Gap %
- -0.83%
- Pre-ex close
- $58.96
- High touch (td)
- 16
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -8.57%
- P&L 5d %
- -1.62%
Q1
- Dividend
- $0.10
- Gap %
- -0.93%
- Pre-ex close
- $68.08
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.83%
- P&L 5d %
- +1.65%
Q4
- Dividend
- $0.10
- Gap %
- 0.00%
- Pre-ex close
- $61.87
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.39%
- P&L 5d %
- +2.01%
Q3
- Dividend
- $0.09
- Gap %
- 0.11%
- Pre-ex close
- $54.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.24%
- P&L 5d %
- +3.42%
Q2
- Dividend
- $0.09
- Gap %
- -0.49%
- Pre-ex close
- $53.55
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.17%
- P&L 5d %
- -1.77%
BRO Pre-Ex Touch Time Distribution
- ≤ 1 day1890%
- 2–3 days15%
- 4–5 days00%
- 6–10 days00%
- 11–30 days15%
- 30+00%
90% within 1d · 95% within 5d · 100% within 30d
BRO Dividend Capture Calculator — After-Tax Yield
Pre-filled with BRO's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
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.
- Gross dividend
- $34.00
- After-tax dividend
- $22.10
- Slippage round-trip
- -$14.39
- Net if price returns to pre-ex
- +$7.71
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.05%
- Annual if all succeed
- ~2.7%
BRO Dividend Capture Backtest Simulator
Replay every historical BRO 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.
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 · BRO (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 |
|---|---|
| +0.17% | |
| +0.17% | |
| +0.16% | |
| +0.15% | |
| -1.62% | |
| +0.16% | |
| +0.20% | |
| +0.20% | |
| +0.18% | |
| +0.16% | |
| +0.19% | |
| +0.17% | |
| +0.16% | |
| +0.13% | |
| +0.14% | |
| +0.14% | |
| +0.13% | |
| +0.16% | |
| +0.21% | |
| +0.23% |
Looking for full price seasonality? See BRO seasonality →
Frequently asked questions
What is the dividend capture success rate for BRO?
Across the last 20 ex-dividend events for Brown & Brown (BRO), the post-ex intraday high reached the pre-ex close within 30 trading days in 100% 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 BRO to recover its dividend gap?
Historically, BRO touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 16 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 BRO large enough to capture?
BRO has a signal-to-noise ratio of 0.08 (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 BRO?
The next ex-dividend date for Brown & Brown (BRO) is May 11, 2026, confirmed (declared by the company).
How does BRO compare to its sector for dividend capture?
Within Financial Services, the median 30-day pre-ex touch rate is 95%. BRO sits at 100% — above the sector benchmark.
Why does BRO 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.