Cboe Global Markets (CBOE) has touched its pre-ex close within 30 trading days in 100% of the last 19 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 0.16), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, CBOE 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 ex-dividend date is estimated at Aug 28, 2026 (±0 days), based on the historical pattern; the company has not yet declared a dividend.
- Touch rate (30d)
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.16-0.15 vs sector
Recovery engine
TL;DR over the most recent 19 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 100% | +5pp vs sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.16 | -0.15 vs sector |
| Avg gap on ex-date | 0.03% | +0.61pp vs sector |
| Win rate at MOC exit | 50% | — |
| Median drawdown during hold | -2.53% | +1.84pp vs sector |
| Best / worst touch (days) | 1 / 4 | — |
Next ex-dividend
Estimated from historical pattern ±0 days.
| Dividend | $0.72 |
| Per-event yield | 0.25% |
| Annualized yield | 0.86% |
| Previously paid | Feb 27, 2026 ($0.72) |
| Last record date | Feb 27, 2026 |
| Last payment date | Mar 13, 2026 |
CBOE 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 Cboe Global Markets (CBOE). 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 | $0.72 | -0.24% | $292.30 | 1 | yes | yes | -4.53% | +3.32% | |
| Q4 | $0.72 | 0.17% | $258.12 | 1 | yes | yes | -4.04% | -1.80% | |
| Q3 | $0.72 | 0.19% | $235.26 | 1 | yes | yes | -2.17% | -0.07% | |
| Q2 | $0.63 | 0.80% | $227.24 | 1 | yes | yes | -4.00% | -1.76% | |
| Q1 | $0.63 | 0.48% | $208.00 | 1 | yes | yes | -2.38% | +2.71% | |
| Q4 | $0.63 | 0.38% | $217.84 | 1 | yes | yes | -8.36% | -6.07% | |
| Q3 | $0.63 | -0.20% | $207.09 | 1 | yes | yes | -1.63% | +2.36% | |
| Q2 | $0.55 | 0.66% | $174.72 | 1 | yes | yes | -4.37% | -0.85% | |
| Q1 | $0.55 | 0.33% | $194.86 | 1 | yes | yes | -6.85% | -3.43% | |
| Q4 | $0.55 | -0.01% | $180.89 | 2 | yes | yes | -3.18% | -1.43% | |
| Q3 | $0.55 | -0.61% | $150.27 | 1 | yes | yes | -1.16% | +2.56% | |
| Q2 | $0.50 | -1.12% | $133.77 | 4 | yes | yes | -2.13% | -1.16% | |
| Q1 | $0.50 | -0.04% | $129.69 | 1 | yes | yes | -8.82% | -2.98% | |
| Q4 | $0.50 | -0.18% | $124.67 | 1 | yes | yes | -1.45% | +3.38% | |
| Q3 | $0.50 | -0.42% | $120.33 | 3 | yes | yes | -2.60% | +3.21% | |
| Q2 | $0.48 | -0.10% | $109.40 | 1 | yes | yes | -0.37% | +5.47% | |
| Q1 | $0.48 | 0.16% | $117.27 | 1 | yes | yes | -4.26% | +3.18% | |
| Q4 | $0.48 | 0.95% | $128.88 | 1 | yes | yes | -1.67% | +2.17% | |
| Q3 | $0.48 | -0.59% | $125.40 | 1 | yes | yes | -2.46% | -1.22% | |
| Q2 | $0.42 | -0.02% | $110.47 | 1 | yes | yes | -0.99% | +1.72% |
- +3.32%
- -1.80%
- -0.07%
- -1.76%
- +2.71%
- -6.07%
- +2.36%
- -0.85%
- -3.43%
- -1.43%
- +2.56%
- -1.16%
- -2.98%
- +3.38%
- +3.21%
- +5.47%
- +3.18%
- +2.17%
- -1.22%
- +1.72%
CBOE 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 | 17 | 85% | |
| 2–3 days | 2 | 10% | |
| 4–5 days | 1 | 5% | |
| 6–10 days | 0 | 0% | |
| 11–30 days | 0 | 0% | |
| 30+ | 0 | 0% |
CBOE Dividend Capture Calculator — After-Tax Yield
Pre-filled with CBOE'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
- $144.00
- After-tax dividend
- $93.60
- Slippage round-trip
- -$58.46
- Net if price returns to pre-ex
- +$35.14
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.06%
- Annual if all succeed
- ~3.0%
CBOE Dividend Capture Backtest Simulator
Replay every historical CBOE 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 · CBOE (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 |
|---|---|
| +0.38% | |
| +0.38% | |
| +0.37% | |
| +0.41% | |
| +0.44% | |
| +0.42% | |
| +0.40% | |
| +0.39% | |
| +0.37% | |
| +0.37% | |
| +0.30% | |
| +0.28% | |
| +0.31% | |
| +0.30% | |
| +0.29% | |
| +0.30% | |
| +0.28% | |
| +0.31% | |
| +0.28% | |
| +0.25% |
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.