Elevance Health (ELV) Dividend Capture: 0.61% per event (1.9% annualized)
Elevance Health (ELV) 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 0.16), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, ELV sits roughly in line with the Healthcare sector benchmark of 100%. 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 Jun 10, 2026, with an expected dividend of $1.72.
- Touch rate (30d)
- 100%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.16in line with sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 100%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.16in line with sector
- Avg gap on ex-date
- -0.05%+0.28pp vs sector
- Win rate at MOC exit
- 60%
- Median drawdown during hold
- -3.39%+0.99pp vs sector
- Best / worst touch (days)
- 1 / 27
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $1.72
- Per-event yield
- 0.61%
- Annualized yield
- 1.86%
- Previously paid
- Mar 10, 2026 ($1.72)
- Last record date
- Mar 10, 2026
- Last payment date
- Mar 25, 2026
How ELV ranks in Healthcare
Compared with other stocks in this sector that pass our capture-quality filter (40 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#1of 40
Beats ~98% of peers on this metric
- Median days to touch#1of 40
Beats ~98% of peers on this metric
- Signal-to-noise#21of 40
Beats ~48% of peers on this metric
ELV 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 Elevance Health (ELV). 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 | $1.72 | 2.31% | $280.74 | 1 | yes | yes | -0.52% | +5.96% | |
| Q4 | $1.71 | -0.06% | $333.49 | 1 | yes | yes | -3.13% | +8.18% | |
| Q3 | $1.71 | -1.55% | $315.09 | 2 | yes | yes | -3.41% | -1.56% | |
| Q2 | $1.71 | -0.43% | $389.61 | 1 | yes | yes | -5.08% | -3.26% | |
| Q1 | $1.71 | -0.15% | $409.46 | 1 | yes | yes | -0.27% | +5.58% | |
| Q4 | $1.63 | -0.11% | $400.11 | 1 | yes | yes | -9.14% | -5.02% | |
| Q3 | $1.63 | -0.04% | $543.66 | 1 | yes | yes | -1.89% | +0.27% | |
| Q2 | $1.63 | -0.14% | $538.94 | 1 | yes | yes | -3.18% | -0.54% | |
| Q1 | $1.63 | 0.26% | $504.77 | 1 | yes | yes | -1.02% | +1.47% | |
| Q4 | $1.48 | -0.40% | $483.10 | 1 | yes | yes | -4.18% | +0.40% | |
| Q3 | $1.48 | 0.30% | $446.00 | 1 | yes | yes | -2.75% | -0.04% | |
| Q2 | $1.48 | -0.50% | $460.13 | 1 | yes | yes | -6.79% | -1.50% | |
| Q1 | $1.48 | 0.53% | $466.67 | 1 | yes | yes | -3.37% | +0.71% | |
| Q4 | $1.28 | -0.57% | $525.25 | 1 | yes | yes | -3.68% | +0.18% | |
| Q3 | $1.28 | -0.51% | $485.02 | 1 | yes | yes | -4.04% | +0.33% | |
| Q2 | $1.28 | -0.53% | $498.30 | 27 | no | yes | -10.91% | -8.48% | |
| Q1 | $1.28 | 1.08% | $456.07 | 1 | yes | yes | -0.44% | +3.51% | |
| Q4 | $1.13 | -0.31% | $404.65 | 1 | yes | yes | -3.03% | +3.99% | |
| Q3 | $1.13 | -0.13% | $370.95 | 1 | yes | yes | -4.18% | +1.38% | |
| Q2 | $1.13 | -0.08% | $391.90 | 1 | yes | yes | -6.01% | -3.14% |
Q1
- Dividend
- $1.72
- Gap %
- 2.31%
- Pre-ex close
- $280.74
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.52%
- P&L 5d %
- +5.96%
Q4
- Dividend
- $1.71
- Gap %
- -0.06%
- Pre-ex close
- $333.49
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.13%
- P&L 5d %
- +8.18%
Q3
- Dividend
- $1.71
- Gap %
- -1.55%
- Pre-ex close
- $315.09
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.41%
- P&L 5d %
- -1.56%
Q2
- Dividend
- $1.71
- Gap %
- -0.43%
- Pre-ex close
- $389.61
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.08%
- P&L 5d %
- -3.26%
Q1
- Dividend
- $1.71
- Gap %
- -0.15%
- Pre-ex close
- $409.46
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.27%
- P&L 5d %
- +5.58%
Q4
- Dividend
- $1.63
- Gap %
- -0.11%
- Pre-ex close
- $400.11
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -9.14%
- P&L 5d %
- -5.02%
Q3
- Dividend
- $1.63
- Gap %
- -0.04%
- Pre-ex close
- $543.66
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.89%
- P&L 5d %
- +0.27%
Q2
- Dividend
- $1.63
- Gap %
- -0.14%
- Pre-ex close
- $538.94
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.18%
- P&L 5d %
- -0.54%
Q1
- Dividend
- $1.63
- Gap %
- 0.26%
- Pre-ex close
- $504.77
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.02%
- P&L 5d %
- +1.47%
Q4
- Dividend
- $1.48
- Gap %
- -0.40%
- Pre-ex close
- $483.10
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.18%
- P&L 5d %
- +0.40%
Q3
- Dividend
- $1.48
- Gap %
- 0.30%
- Pre-ex close
- $446.00
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.75%
- P&L 5d %
- -0.04%
Q2
- Dividend
- $1.48
- Gap %
- -0.50%
- Pre-ex close
- $460.13
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.79%
- P&L 5d %
- -1.50%
Q1
- Dividend
- $1.48
- Gap %
- 0.53%
- Pre-ex close
- $466.67
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.37%
- P&L 5d %
- +0.71%
Q4
- Dividend
- $1.28
- Gap %
- -0.57%
- Pre-ex close
- $525.25
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.68%
- P&L 5d %
- +0.18%
Q3
- Dividend
- $1.28
- Gap %
- -0.51%
- Pre-ex close
- $485.02
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.04%
- P&L 5d %
- +0.33%
Q2
- Dividend
- $1.28
- Gap %
- -0.53%
- Pre-ex close
- $498.30
- High touch (td)
- 27
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -10.91%
- P&L 5d %
- -8.48%
Q1
- Dividend
- $1.28
- Gap %
- 1.08%
- Pre-ex close
- $456.07
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.44%
- P&L 5d %
- +3.51%
Q4
- Dividend
- $1.13
- Gap %
- -0.31%
- Pre-ex close
- $404.65
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.03%
- P&L 5d %
- +3.99%
Q3
- Dividend
- $1.13
- Gap %
- -0.13%
- Pre-ex close
- $370.95
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.18%
- P&L 5d %
- +1.38%
Q2
- Dividend
- $1.13
- Gap %
- -0.08%
- Pre-ex close
- $391.90
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.01%
- P&L 5d %
- -3.14%
ELV 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
ELV Dividend Capture Calculator — After-Tax Yield
Pre-filled with ELV'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
- $344.00
- After-tax dividend
- $223.60
- Slippage round-trip
- -$56.15
- Net if price returns to pre-ex
- +$167.45
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.30%
- Annual if all succeed
- ~15.0%
ELV Dividend Capture Backtest Simulator
Replay every historical ELV 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 · ELV (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 |
|---|---|
| +0.29% | |
| +0.30% | |
| +0.28% | |
| +0.28% | |
| -8.48% | |
| +0.26% | |
| +0.24% | |
| +0.32% | |
| +0.32% | |
| +0.33% | |
| +0.31% | |
| +0.32% | |
| +0.30% | |
| +0.30% | |
| +0.41% | |
| +0.42% | |
| +0.44% | |
| +0.54% | |
| +0.51% | |
| +0.61% |
Looking for full price seasonality? See ELV seasonality →
Frequently asked questions
What is the dividend capture success rate for ELV?
Across the last 20 ex-dividend events for Elevance Health (ELV), 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 ELV to recover its dividend gap?
Historically, ELV touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 27 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 ELV large enough to capture?
ELV has a signal-to-noise ratio of 0.16 (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 ELV?
The next ex-dividend date for Elevance Health (ELV) is Jun 10, 2026, confirmed (declared by the company).
How does ELV compare to its sector for dividend capture?
Within Healthcare, the median 30-day pre-ex touch rate is 100%. ELV sits at 100% — at or below the sector benchmark.
Why does ELV 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.