Johnson & Johnson (JNJ) Dividend Capture: 0.55% per event (2.3% annualized)
Johnson & Johnson (JNJ) 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 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.49), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, JNJ sits noticeably below 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 May 26, 2026, with an expected dividend of $1.34.
- Touch rate (30d)
- 85%-15pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.49+0.34 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 85%-15pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.49+0.34 vs sector
- Avg gap on ex-date
- -0.58%-0.25pp vs sector
- Win rate at MOC exit
- 50%
- Median drawdown during hold
- -3.66%+0.72pp vs sector
- Best / worst touch (days)
- 1 / 10
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $1.34
- Per-event yield
- 0.55%
- Annualized yield
- 2.32%
- Previously paid
- Feb 24, 2026 ($1.30)
- Last record date
- Feb 24, 2026
- Last payment date
- Mar 10, 2026
How JNJ 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#35of 40
Beats ~13% of peers on this metric
- Median days to touch#1of 40
Beats ~98% of peers on this metric
- Signal-to-noise#4of 40
Beats ~90% of peers on this metric
JNJ 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 Johnson & Johnson (JNJ). 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 | $1.30 | -0.20% | $245.84 | 1 | yes | yes | -4.23% | +0.90% | |
| Q4 | $1.30 | -0.42% | $206.05 | 1 | yes | yes | -2.98% | +0.28% | |
| Q3 | $1.30 | -0.93% | $178.41 | 5 | yes | yes | -2.12% | +0.50% | |
| Q2 | $1.30 | -0.27% | $152.94 | 1 | yes | yes | -0.90% | +1.82% | |
| Q1 | $1.24 | -1.29% | $156.15 | 2 | yes | yes | -1.86% | +7.16% | |
| Q4 | $1.24 | -0.40% | $155.78 | 2 | yes | yes | -4.78% | -2.61% | |
| Q3 | $1.24 | -0.67% | $164.61 | 2 | yes | yes | -1.49% | +2.42% | |
| Q2 | $1.24 | -1.00% | $154.64 | >30 | no | no | -7.07% | -5.83% | |
| Q1 | $1.19 | -0.84% | $157.92 | 2 | yes | yes | -1.42% | +2.57% | |
| Q4 | $1.19 | -1.26% | $149.79 | 1 | yes | yes | -1.50% | +2.02% | |
| Q3 | $1.19 | -0.48% | $165.09 | 1 | yes | yes | -4.69% | -2.07% | |
| Q2 | $1.19 | -0.57% | $158.91 | 1 | yes | yes | -3.62% | -2.11% | |
| Q1 | $1.13 | -0.77% | $158.24 | 1 | yes | yes | -4.43% | -0.94% | |
| Q4 | $1.13 | -0.18% | $176.20 | 1 | yes | yes | -0.87% | +0.58% | |
| Q3 | $1.13 | -0.24% | $169.31 | >30 | no | no | -4.75% | -3.06% | |
| Q2 | $1.13 | 0.35% | $176.98 | 1 | yes | yes | -1.35% | +2.08% | |
| Q1 | $1.06 | -0.73% | $166.19 | 5 | yes | yes | -6.30% | -0.34% | |
| Q4 | $1.06 | -1.14% | $162.89 | 10 | no | yes | -4.32% | -3.62% | |
| Q3 | $1.06 | -0.59% | $179.44 | >30 | no | no | -4.11% | -2.63% | |
| Q2 | $1.06 | -0.04% | $170.96 | 1 | yes | yes | -3.70% | -2.56% |
Q1
- Dividend
- $1.30
- Gap %
- -0.20%
- Pre-ex close
- $245.84
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.23%
- P&L 5d %
- +0.90%
Q4
- Dividend
- $1.30
- Gap %
- -0.42%
- Pre-ex close
- $206.05
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.98%
- P&L 5d %
- +0.28%
Q3
- Dividend
- $1.30
- Gap %
- -0.93%
- Pre-ex close
- $178.41
- High touch (td)
- 5
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.12%
- P&L 5d %
- +0.50%
Q2
- Dividend
- $1.30
- Gap %
- -0.27%
- Pre-ex close
- $152.94
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.90%
- P&L 5d %
- +1.82%
Q1
- Dividend
- $1.24
- Gap %
- -1.29%
- Pre-ex close
- $156.15
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.86%
- P&L 5d %
- +7.16%
Q4
- Dividend
- $1.24
- Gap %
- -0.40%
- Pre-ex close
- $155.78
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.78%
- P&L 5d %
- -2.61%
Q3
- Dividend
- $1.24
- Gap %
- -0.67%
- Pre-ex close
- $164.61
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.49%
- P&L 5d %
- +2.42%
Q2
- Dividend
- $1.24
- Gap %
- -1.00%
- Pre-ex close
- $154.64
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -7.07%
- P&L 5d %
- -5.83%
Q1
- Dividend
- $1.19
- Gap %
- -0.84%
- Pre-ex close
- $157.92
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.42%
- P&L 5d %
- +2.57%
Q4
- Dividend
- $1.19
- Gap %
- -1.26%
- Pre-ex close
- $149.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.50%
- P&L 5d %
- +2.02%
Q3
- Dividend
- $1.19
- Gap %
- -0.48%
- Pre-ex close
- $165.09
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.69%
- P&L 5d %
- -2.07%
Q2
- Dividend
- $1.19
- Gap %
- -0.57%
- Pre-ex close
- $158.91
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.62%
- P&L 5d %
- -2.11%
Q1
- Dividend
- $1.13
- Gap %
- -0.77%
- Pre-ex close
- $158.24
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.43%
- P&L 5d %
- -0.94%
Q4
- Dividend
- $1.13
- Gap %
- -0.18%
- Pre-ex close
- $176.20
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.87%
- P&L 5d %
- +0.58%
Q3
- Dividend
- $1.13
- Gap %
- -0.24%
- Pre-ex close
- $169.31
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -4.75%
- P&L 5d %
- -3.06%
Q2
- Dividend
- $1.13
- Gap %
- 0.35%
- Pre-ex close
- $176.98
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.35%
- P&L 5d %
- +2.08%
Q1
- Dividend
- $1.06
- Gap %
- -0.73%
- Pre-ex close
- $166.19
- High touch (td)
- 5
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.30%
- P&L 5d %
- -0.34%
Q4
- Dividend
- $1.06
- Gap %
- -1.14%
- Pre-ex close
- $162.89
- High touch (td)
- 10
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -4.32%
- P&L 5d %
- -3.62%
Q3
- Dividend
- $1.06
- Gap %
- -0.59%
- Pre-ex close
- $179.44
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -4.11%
- P&L 5d %
- -2.63%
Q2
- Dividend
- $1.06
- Gap %
- -0.04%
- Pre-ex close
- $170.96
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.70%
- P&L 5d %
- -2.56%
JNJ Pre-Ex Touch Time Distribution
- ≤ 1 day1050%
- 2–3 days420%
- 4–5 days210%
- 6–10 days15%
- 11–30 days00%
- 30+315%
50% within 1d · 80% within 5d · 85% within 30d
JNJ Dividend Capture Calculator — After-Tax Yield
Pre-filled with JNJ'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
- $268.00
- After-tax dividend
- $174.20
- Slippage round-trip
- -$49.17
- Net if price returns to pre-ex
- +$125.03
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.25%
- Annual if all succeed
- ~12.8%
JNJ Dividend Capture Backtest Simulator
Replay every historical JNJ 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 · JNJ (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 |
|---|---|
| +0.62% | |
| -2.63% | |
| -3.62% | |
| +0.64% | |
| +0.64% | |
| -3.06% | |
| +0.64% | |
| +0.71% | |
| +0.75% | |
| +0.72% | |
| +0.79% | |
| +0.75% | |
| -5.83% | |
| +0.75% | |
| +0.80% | |
| +0.79% | |
| +0.85% | |
| +0.73% | |
| +0.63% | |
| +0.53% |
Looking for full price seasonality? See JNJ seasonality →
Frequently asked questions
What is the dividend capture success rate for JNJ?
Across the last 20 ex-dividend events for Johnson & Johnson (JNJ), 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 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 JNJ to recover its dividend gap?
Historically, JNJ touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 10 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 JNJ large enough to capture?
JNJ has a signal-to-noise ratio of 0.49 (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 JNJ?
The next ex-dividend date for Johnson & Johnson (JNJ) is May 26, 2026, confirmed (declared by the company).
How does JNJ compare to its sector for dividend capture?
Within Healthcare, the median 30-day pre-ex touch rate is 100%. JNJ sits at 85% — at or below the sector benchmark.
Why does JNJ 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.