Cintas (CTAS) Dividend Capture: 0.23% per event (1.1% annualized)
CTAS
Cintas (CTAS) 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 0.42), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, CTAS sits roughly in line with the Industrials 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 15, 2026, with an expected dividend of $0.45.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.42+0.23 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
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.42+0.23 vs sector
- Avg gap on ex-date
- 0.12%+0.46pp vs sector
- Win rate at MOC exit
- 75%
- Median drawdown during hold
- -1.80%+2.16pp vs sector
- Best / worst touch (days)
- 1 / 2
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.45
- Per-event yield
- 0.23%
- Annualized yield
- 1.06%
- Previously paid
- Feb 13, 2026 ($0.45)
- Last record date
- Feb 13, 2026
- Last payment date
- Mar 13, 2026
How CTAS ranks in Industrials
Compared with other stocks in this sector that pass our capture-quality filter (87 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#42of 87
Beats ~52% of peers on this metric
- Median days to touch#1of 87
Beats ~99% of peers on this metric
- Signal-to-noise#7of 87
Beats ~92% of peers on this metric
CTAS 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 Cintas (CTAS). 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 | $0.45 | 0.00% | $196.10 | 1 | yes | yes | -1.91% | +1.37% | |
| Q4 | $0.45 | 0.17% | $187.91 | 1 | yes | yes | -3.74% | -0.88% | |
| Q3 | $0.45 | -0.04% | $221.36 | 1 | yes | yes | -6.69% | -2.40% | |
| Q2 | $0.39 | 0.08% | $214.19 | 1 | yes | yes | 0.03% | +3.67% | |
| Q1 | $0.39 | 0.00% | $205.99 | 1 | yes | yes | -2.12% | -1.09% | |
| Q4 | $0.39 | -0.44% | $217.05 | 2 | yes | yes | -1.46% | +2.35% | |
| Q3 | $1.56 | 0.40% | $190.79 | 1 | yes | yes | -0.29% | +3.63% | |
| Q2 | $1.35 | -0.15% | $172.53 | 1 | yes | yes | -3.34% | +2.21% | |
| Q1 | $1.35 | 0.09% | $151.49 | 1 | yes | yes | -0.36% | +4.38% | |
| Q4 | $1.35 | 1.41% | $134.07 | 1 | yes | yes | 0.75% | +4.17% | |
| Q3 | $1.35 | -0.16% | $122.50 | 1 | yes | yes | -1.74% | +0.29% | |
| Q2 | $1.15 | 0.19% | $118.56 | 1 | yes | yes | -3.42% | +0.18% | |
| Q1 | $1.15 | -0.55% | $112.00 | >30 | no | no | -4.16% | -1.30% | |
| Q4 | $1.15 | -0.31% | $110.97 | 1 | yes | yes | -1.29% | +2.34% | |
| Q3 | $1.15 | 0.58% | $107.41 | 1 | yes | yes | -0.75% | +2.67% | |
| Q2 | $0.95 | 0.89% | $91.79 | 1 | yes | yes | -4.13% | +0.08% | |
| Q1 | $0.95 | 0.13% | $93.88 | 1 | yes | yes | -5.04% | -0.46% | |
| Q4 | $0.95 | 0.40% | $108.50 | 1 | yes | yes | -1.87% | +3.65% | |
| Q3 | $0.95 | -0.54% | $97.53 | 2 | yes | yes | -1.43% | +1.30% | |
| Q2 | $0.75 | 0.16% | $85.94 | 1 | yes | yes | -1.68% | +2.54% |
Q1
- Dividend
- $0.45
- Gap %
- 0.00%
- Pre-ex close
- $196.10
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.91%
- P&L 5d %
- +1.37%
Q4
- Dividend
- $0.45
- Gap %
- 0.17%
- Pre-ex close
- $187.91
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.74%
- P&L 5d %
- -0.88%
Q3
- Dividend
- $0.45
- Gap %
- -0.04%
- Pre-ex close
- $221.36
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.69%
- P&L 5d %
- -2.40%
Q2
- Dividend
- $0.39
- Gap %
- 0.08%
- Pre-ex close
- $214.19
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.03%
- P&L 5d %
- +3.67%
Q1
- Dividend
- $0.39
- Gap %
- 0.00%
- Pre-ex close
- $205.99
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.12%
- P&L 5d %
- -1.09%
Q4
- Dividend
- $0.39
- Gap %
- -0.44%
- Pre-ex close
- $217.05
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.46%
- P&L 5d %
- +2.35%
Q3
- Dividend
- $1.56
- Gap %
- 0.40%
- Pre-ex close
- $190.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.29%
- P&L 5d %
- +3.63%
Q2
- Dividend
- $1.35
- Gap %
- -0.15%
- Pre-ex close
- $172.53
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.34%
- P&L 5d %
- +2.21%
Q1
- Dividend
- $1.35
- Gap %
- 0.09%
- Pre-ex close
- $151.49
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.36%
- P&L 5d %
- +4.38%
Q4
- Dividend
- $1.35
- Gap %
- 1.41%
- Pre-ex close
- $134.07
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.75%
- P&L 5d %
- +4.17%
Q3
- Dividend
- $1.35
- Gap %
- -0.16%
- Pre-ex close
- $122.50
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.74%
- P&L 5d %
- +0.29%
Q2
- Dividend
- $1.15
- Gap %
- 0.19%
- Pre-ex close
- $118.56
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.42%
- P&L 5d %
- +0.18%
Q1
- Dividend
- $1.15
- Gap %
- -0.55%
- Pre-ex close
- $112.00
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -4.16%
- P&L 5d %
- -1.30%
Q4
- Dividend
- $1.15
- Gap %
- -0.31%
- Pre-ex close
- $110.97
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.29%
- P&L 5d %
- +2.34%
Q3
- Dividend
- $1.15
- Gap %
- 0.58%
- Pre-ex close
- $107.41
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.75%
- P&L 5d %
- +2.67%
Q2
- Dividend
- $0.95
- Gap %
- 0.89%
- Pre-ex close
- $91.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.13%
- P&L 5d %
- +0.08%
Q1
- Dividend
- $0.95
- Gap %
- 0.13%
- Pre-ex close
- $93.88
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.04%
- P&L 5d %
- -0.46%
Q4
- Dividend
- $0.95
- Gap %
- 0.40%
- Pre-ex close
- $108.50
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.87%
- P&L 5d %
- +3.65%
Q3
- Dividend
- $0.95
- Gap %
- -0.54%
- Pre-ex close
- $97.53
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.43%
- P&L 5d %
- +1.30%
Q2
- Dividend
- $0.75
- Gap %
- 0.16%
- Pre-ex close
- $85.94
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.68%
- P&L 5d %
- +2.54%
CTAS Pre-Ex Touch Time Distribution
- ≤ 1 day1785%
- 2–3 days210%
- 4–5 days00%
- 6–10 days00%
- 11–30 days00%
- 30+15%
85% within 1d · 95% within 5d · 95% within 30d
CTAS Dividend Capture Calculator — After-Tax Yield
Pre-filled with CTAS'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
- $90.00
- After-tax dividend
- $58.50
- Slippage round-trip
- -$39.22
- Net if price returns to pre-ex
- +$19.28
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.05%
- Annual if all succeed
- ~2.5%
CTAS Dividend Capture Backtest Simulator
Replay every historical CTAS 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 · CTAS (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 |
|---|---|
| +0.87% | |
| +0.97% | |
| +0.88% | |
| +1.01% | |
| +1.03% | |
| +1.07% | |
| +1.04% | |
| -1.30% | |
| +0.97% | |
| +1.10% | |
| +1.01% | |
| +0.89% | |
| +0.78% | |
| +0.82% | |
| +0.18% | |
| +0.19% | |
| +0.18% | |
| +0.20% | |
| +0.24% | |
| +0.23% |
Looking for full price seasonality? See CTAS seasonality →
Frequently asked questions
What is the dividend capture success rate for CTAS?
Across the last 20 ex-dividend events for Cintas (CTAS), 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 CTAS to recover its dividend gap?
Historically, CTAS touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 2 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 CTAS large enough to capture?
CTAS has a signal-to-noise ratio of 0.42 (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 CTAS?
The next ex-dividend date for Cintas (CTAS) is May 15, 2026, confirmed (declared by the company).
How does CTAS compare to its sector for dividend capture?
Within Industrials, the median 30-day pre-ex touch rate is 95%. CTAS sits at 95% — at or below the sector benchmark.
Why does CTAS 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.