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CenterPoint Energy (CNP) Dividend Capture: 0.55% per event (2.1% annualized)

Updated May 6, 202620 eventshigh

CenterPoint Energy (CNP) 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 0.33), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, CNP sits roughly in line with the Utilities 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 21, 2026, with an expected dividend of $0.23.

Touch rate (30d)
95%in line with sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.33-0.12 vs sector

Recovery engine

TL;DR over the most recent 20 events.

30-day touch rate
95%
in line with sector
Median days-to-touch
1d
in line with sector
Signal-to-noise (div / ATR)
0.33
-0.12 vs sector
Avg gap on ex-date
-0.48%
+0.23pp vs sector
Win rate at MOC exit
65%
Median drawdown during hold
-2.70%
+1.07pp vs sector
Best / worst touch (days)
1 / 16

Next ex-dividend

Confirmed by company declaration.

in 14 days
Dividend
$0.23
Per-event yield
0.55%
Annualized yield
2.07%
Previously paid
Feb 19, 2026 ($0.23)
Last record date
Feb 19, 2026
Last payment date
Mar 12, 2026

How CNP ranks in Utilities

Compared with other stocks in this sector that pass our capture-quality filter (45 tickers). Lower rank number is better on every metric below.

Full sector ranking
  • 30-day touch rate
    #12of 45

    Beats ~73% of peers on this metric

  • Median days to touch
    #1of 45

    Beats ~98% of peers on this metric

  • Signal-to-noise
    #32of 45

    Beats ~29% of peers on this metric

CNP 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 CenterPoint Energy (CNP). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • Q1

    Dividend
    $0.23
    Gap %
    0.60%
    Pre-ex close
    $41.93
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.19%
    P&L 5d %
    +3.12%
  • Q4

    Dividend
    $0.22
    Gap %
    -0.03%
    Pre-ex close
    $39.61
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.89%
    P&L 5d %
    +1.49%
  • Q3

    Dividend
    $0.22
    Gap %
    -0.62%
    Pre-ex close
    $38.50
    High touch (td)
    16
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -4.94%
    P&L 5d %
    -2.08%
  • Q2

    Dividend
    $0.22
    Gap %
    -0.19%
    Pre-ex close
    $36.57
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.57%
    P&L 5d %
    +2.16%
  • Q1

    Dividend
    $0.22
    Gap %
    0.00%
    Pre-ex close
    $34.09
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.43%
    P&L 5d %
    -0.38%
  • Q4

    Dividend
    $0.21
    Gap %
    -0.57%
    Pre-ex close
    $31.57
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.06%
    P&L 5d %
    +3.99%
  • Q3

    Dividend
    $0.20
    Gap %
    -1.40%
    Pre-ex close
    $25.77
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.40%
    P&L 5d %
    +5.32%
  • Q2

    Dividend
    $0.20
    Gap %
    0.37%
    Pre-ex close
    $29.68
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.52%
    P&L 5d %
    +1.95%
  • Q1

    Dividend
    $0.20
    Gap %
    -0.55%
    Pre-ex close
    $27.44
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.09%
    P&L 5d %
    +2.30%
  • Q4

    Dividend
    $0.20
    Gap %
    -0.83%
    Pre-ex close
    $27.67
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.12%
    P&L 5d %
    +1.16%
  • Q3

    Dividend
    $0.19
    Gap %
    -0.42%
    Pre-ex close
    $28.25
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.45%
    P&L 5d %
    +0.35%
  • Q2

    Dividend
    $0.19
    Gap %
    -0.28%
    Pre-ex close
    $28.94
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.66%
    P&L 5d %
    -0.45%
  • Q1

    Dividend
    $0.19
    Gap %
    -1.43%
    Pre-ex close
    $29.28
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -6.97%
    P&L 5d %
    -1.02%
  • Q4

    Dividend
    $0.18
    Gap %
    -0.55%
    Pre-ex close
    $29.13
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.37%
    P&L 5d %
    +6.39%
  • Q3

    Dividend
    $0.18
    Gap %
    -0.52%
    Pre-ex close
    $32.83
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.39%
    P&L 5d %
    -1.16%
  • Q2

    Dividend
    $0.17
    Gap %
    -0.10%
    Pre-ex close
    $31.37
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.63%
    P&L 5d %
    +2.04%
  • Q1

    Dividend
    $0.17
    Gap %
    -0.86%
    Pre-ex close
    $26.89
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.31%
    P&L 5d %
    -0.63%
  • Q4

    Dividend
    $0.17
    Gap %
    -0.60%
    Pre-ex close
    $26.78
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.85%
    P&L 5d %
    +0.60%
  • Q3

    Dividend
    $0.16
    Gap %
    -0.63%
    Pre-ex close
    $26.85
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -7.49%
    P&L 5d %
    -3.61%
  • Q2

    Dividend
    $0.16
    Gap %
    -1.01%
    Pre-ex close
    $24.70
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.96%
    P&L 5d %
    +2.31%

CNP Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 90% (18 events)
  • ≤ 1 day
    1365%
  • 2–3 days
    525%
  • 4–5 days
    00%
  • 6–10 days
    00%
  • 11–30 days
    15%
  • 30+
    15%

65% within 1d · 90% within 5d · 95% within 30d

CNP Dividend Capture Calculator — After-Tax Yield

Pre-filled with CNP'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
$46.00
After-tax dividend
$29.90
Slippage round-trip
-$8.39

Net if price returns to pre-ex
+$21.51
Required recovery to break even
0.00%

Per-event after-tax yield
+0.26%
Annual if all succeed
~12.9%
Scenariosbase rate 95%
Best (limit fills)+$21.51
Average (base rate)+$19.21
Worst (no recovery)$24.49

Open in full calculator →

CNP Dividend Capture Backtest Simulator

Replay every historical CNP 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)+0.29%
Win rate (20 trades)
90%
Cumulative P&L
i
+5.83%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+88.34%Span: May 19, 2021 → Feb 19, 2026 · long-horizon total return vs repeating capture cycles
Best event
+0.78%
Worst event
-3.61%

Cumulative P&L (equity curve)

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

+6.8%+0.0%-3.0%May 19, 2021 · cumulative +0.65% (sum of returns through this event)Aug 18, 2021 · cumulative -2.96% (sum of returns through this event)Nov 17, 2021 · cumulative -2.33% (sum of returns through this event)Feb 16, 2022 · cumulative -1.70% (sum of returns through this event)May 18, 2022 · cumulative -1.16% (sum of returns through this event)Aug 17, 2022 · cumulative -0.61% (sum of returns through this event)Nov 16, 2022 · cumulative +0.01% (sum of returns through this event)Feb 15, 2023 · cumulative +0.66% (sum of returns through this event)May 17, 2023 · cumulative +1.32% (sum of returns through this event)Aug 16, 2023 · cumulative +1.99% (sum of returns through this event)Nov 15, 2023 · cumulative +2.71% (sum of returns through this event)Feb 14, 2024 · cumulative +3.44% (sum of returns through this event)May 15, 2024 · cumulative +4.11% (sum of returns through this event)Aug 15, 2024 · cumulative +4.89% (sum of returns through this event)Nov 21, 2024 · cumulative +5.56% (sum of returns through this event)Feb 20, 2025 · cumulative +6.20% (sum of returns through this event)May 15, 2025 · cumulative +6.80% (sum of returns through this event)Aug 21, 2025 · cumulative +4.72% (sum of returns through this event)Nov 20, 2025 · cumulative +5.28% (sum of returns through this event)Feb 19, 2026 · cumulative +5.83% (sum of returns through this event)
May 19, 2021Feb 19, 2026

Per-event P&L distribution

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

1
<-3%
1
-3..-1%
 
-1..0%
 
0%
18
0..1%
 
1..3%
 
>3%

Scenario P&L by event · CNP (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
+0.65%
-3.61%
+0.63%
+0.63%
+0.54%
+0.55%
+0.62%
+0.65%
+0.66%
+0.67%
+0.72%
+0.73%
+0.67%
+0.78%
+0.67%
+0.65%
+0.60%
-2.08%
+0.56%
+0.55%

Looking for full price seasonality? See CNP seasonality →

Frequently asked questions

What is the dividend capture success rate for CNP?

Across the last 20 ex-dividend events for CenterPoint Energy (CNP), the post-ex intraday high reached the pre-ex close within 30 trading days in 95% 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 CNP to recover its dividend gap?

Historically, CNP 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 CNP large enough to capture?

CNP has a signal-to-noise ratio of 0.33 (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 CNP?

The next ex-dividend date for CenterPoint Energy (CNP) is May 21, 2026, confirmed (declared by the company).

How does CNP compare to its sector for dividend capture?

Within Utilities, the median 30-day pre-ex touch rate is 95%. CNP sits at 95% — at or below the sector benchmark.

Why does CNP 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.