Consolidated Edison (ED) Dividend Capture: 0.78% per event (3.2% annualized)
Consolidated Edison (ED) has touched its pre-ex close within 30 trading days in 85% of the last 20 ex-dividend events, with a median time-to-touch of 3 trading days (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.47), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, ED sits noticeably below the Utilities sector benchmark of 95%. The sector median time-to-touch is 1 trading day, so this ticker touches more slowly than peers.
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 13, 2026, with an expected dividend of $0.89.
- Touch rate (30d)
- 85%-10pp vs sector
- Median days-to-touch
- 3d+2.0d vs sector
- Signal-to-noise
- 0.47in line with sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 85%-10pp vs sector
- Median days-to-touch
- 3d+2.0d vs sector
- Signal-to-noise (div / ATR)
- 0.47in line with sector
- Avg gap on ex-date
- -0.74%in line with sector
- Win rate at MOC exit
- 50%
- Median drawdown during hold
- -2.97%+0.79pp vs sector
- Best / worst touch (days)
- 1 / 15
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.89
- Per-event yield
- 0.78%
- Annualized yield
- 3.18%
- Previously paid
- Feb 18, 2026 ($0.89)
- Last record date
- Feb 18, 2026
- Last payment date
- Mar 16, 2026
How ED 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.
- 30-day touch rate#42of 45
Beats ~7% of peers on this metric
- Median days to touch#44of 45
Beats ~2% of peers on this metric
- Signal-to-noise#18of 45
Beats ~60% of peers on this metric
ED 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 Consolidated Edison (ED). 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 | $0.89 | -0.95% | $113.92 | 3 | yes | yes | -4.27% | -1.78% | |
| Q4 | $0.85 | -0.78% | $102.91 | 3 | yes | yes | -6.55% | -1.87% | |
| Q3 | $0.85 | -0.80% | $103.69 | >30 | no | no | -4.16% | -1.04% | |
| Q2 | $0.85 | -1.30% | $100.58 | 2 | yes | yes | -2.78% | +5.46% | |
| Q1 | $0.85 | -0.91% | $95.76 | 1 | yes | yes | -1.32% | +5.27% | |
| Q4 | $0.83 | -0.26% | $97.04 | 5 | yes | yes | -2.22% | +1.72% | |
| Q3 | $0.83 | -1.27% | $101.60 | 9 | no | yes | -2.91% | -0.34% | |
| Q2 | $0.83 | -0.35% | $97.64 | 2 | yes | yes | -4.62% | -0.48% | |
| Q1 | $0.83 | -1.11% | $89.45 | 15 | no | yes | -3.94% | -0.01% | |
| Q4 | $0.81 | 1.02% | $88.37 | 1 | yes | yes | 0.38% | +3.32% | |
| Q3 | $0.81 | -1.36% | $89.56 | 3 | yes | yes | -2.46% | +0.70% | |
| Q2 | $0.81 | -1.03% | $98.48 | >30 | no | no | -6.36% | -3.85% | |
| Q1 | $0.81 | -0.91% | $92.80 | 4 | yes | yes | -3.75% | +0.45% | |
| Q4 | $0.79 | -0.38% | $89.33 | 1 | yes | yes | -0.56% | +7.48% | |
| Q3 | $0.79 | -0.87% | $100.29 | 1 | yes | yes | -2.84% | -0.74% | |
| Q2 | $0.79 | -0.16% | $95.04 | 1 | yes | yes | -2.08% | +6.46% | |
| Q1 | $0.79 | -0.48% | $83.02 | 4 | yes | yes | -3.51% | +2.61% | |
| Q4 | $0.78 | -0.88% | $78.77 | 5 | yes | yes | -2.98% | +1.49% | |
| Q3 | $0.78 | -1.02% | $78.25 | >30 | no | no | -4.83% | -3.14% | |
| Q2 | $0.78 | -1.08% | $78.73 | 3 | yes | yes | -2.96% | -0.18% |
Q1
- Dividend
- $0.89
- Gap %
- -0.95%
- Pre-ex close
- $113.92
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.27%
- P&L 5d %
- -1.78%
Q4
- Dividend
- $0.85
- Gap %
- -0.78%
- Pre-ex close
- $102.91
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.55%
- P&L 5d %
- -1.87%
Q3
- Dividend
- $0.85
- Gap %
- -0.80%
- Pre-ex close
- $103.69
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -4.16%
- P&L 5d %
- -1.04%
Q2
- Dividend
- $0.85
- Gap %
- -1.30%
- Pre-ex close
- $100.58
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.78%
- P&L 5d %
- +5.46%
Q1
- Dividend
- $0.85
- Gap %
- -0.91%
- Pre-ex close
- $95.76
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.32%
- P&L 5d %
- +5.27%
Q4
- Dividend
- $0.83
- Gap %
- -0.26%
- Pre-ex close
- $97.04
- High touch (td)
- 5
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.22%
- P&L 5d %
- +1.72%
Q3
- Dividend
- $0.83
- Gap %
- -1.27%
- Pre-ex close
- $101.60
- High touch (td)
- 9
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -2.91%
- P&L 5d %
- -0.34%
Q2
- Dividend
- $0.83
- Gap %
- -0.35%
- Pre-ex close
- $97.64
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.62%
- P&L 5d %
- -0.48%
Q1
- Dividend
- $0.83
- Gap %
- -1.11%
- Pre-ex close
- $89.45
- High touch (td)
- 15
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -3.94%
- P&L 5d %
- -0.01%
Q4
- Dividend
- $0.81
- Gap %
- 1.02%
- Pre-ex close
- $88.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.38%
- P&L 5d %
- +3.32%
Q3
- Dividend
- $0.81
- Gap %
- -1.36%
- Pre-ex close
- $89.56
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.46%
- P&L 5d %
- +0.70%
Q2
- Dividend
- $0.81
- Gap %
- -1.03%
- Pre-ex close
- $98.48
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -6.36%
- P&L 5d %
- -3.85%
Q1
- Dividend
- $0.81
- Gap %
- -0.91%
- Pre-ex close
- $92.80
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.75%
- P&L 5d %
- +0.45%
Q4
- Dividend
- $0.79
- Gap %
- -0.38%
- Pre-ex close
- $89.33
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.56%
- P&L 5d %
- +7.48%
Q3
- Dividend
- $0.79
- Gap %
- -0.87%
- Pre-ex close
- $100.29
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.84%
- P&L 5d %
- -0.74%
Q2
- Dividend
- $0.79
- Gap %
- -0.16%
- Pre-ex close
- $95.04
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.08%
- P&L 5d %
- +6.46%
Q1
- Dividend
- $0.79
- Gap %
- -0.48%
- Pre-ex close
- $83.02
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.51%
- P&L 5d %
- +2.61%
Q4
- Dividend
- $0.78
- Gap %
- -0.88%
- Pre-ex close
- $78.77
- High touch (td)
- 5
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.98%
- P&L 5d %
- +1.49%
Q3
- Dividend
- $0.78
- Gap %
- -1.02%
- Pre-ex close
- $78.25
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -4.83%
- P&L 5d %
- -3.14%
Q2
- Dividend
- $0.78
- Gap %
- -1.08%
- Pre-ex close
- $78.73
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.96%
- P&L 5d %
- -0.18%
ED Pre-Ex Touch Time Distribution
- ≤ 1 day525%
- 2–3 days630%
- 4–5 days420%
- 6–10 days15%
- 11–30 days15%
- 30+315%
25% within 1d · 75% within 5d · 85% within 30d
ED Dividend Capture Calculator — After-Tax Yield
Pre-filled with ED'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
- $178.00
- After-tax dividend
- $115.70
- Slippage round-trip
- -$22.78
- Net if price returns to pre-ex
- +$92.92
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.41%
- Annual if all succeed
- ~20.6%
ED Dividend Capture Backtest Simulator
Replay every historical ED 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 · ED (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 |
|---|---|
| +0.98% | |
| -3.14% | |
| +0.98% | |
| +0.95% | |
| +0.83% | |
| +0.79% | |
| +0.88% | |
| +0.87% | |
| -3.85% | |
| +0.90% | |
| +0.92% | |
| -0.01% | |
| +0.85% | |
| -0.34% | |
| +0.86% | |
| +0.89% | |
| +0.85% | |
| -1.04% | |
| +0.83% | |
| +0.78% |
Looking for full price seasonality? See ED seasonality →
Frequently asked questions
What is the dividend capture success rate for ED?
Across the last 20 ex-dividend events for Consolidated Edison (ED), the post-ex intraday high reached the pre-ex close within 30 trading days in 85% of cases, with a median time-to-touch of 3 trading days. 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 ED to recover its dividend gap?
Historically, ED touches its pre-ex close in a median of 3 trading days, with the best case at 1 and the worst case at 15 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 ED large enough to capture?
ED has a signal-to-noise ratio of 0.47 (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 ED?
The next ex-dividend date for Consolidated Edison (ED) is May 13, 2026, confirmed (declared by the company).
How does ED compare to its sector for dividend capture?
Within Utilities, the median 30-day pre-ex touch rate is 95%. ED sits at 85% — at or below the sector benchmark.
Why does ED 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.