Matthews International (MATW) Dividend Capture: 0.96% per event (3.6% annualized)
Matthews International (MATW) 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 0.22), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, MATW sits noticeably below 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 11, 2026, with an expected dividend of $0.26.
- Touch rate (30d)
- 85%-10pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.22in 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
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.22in line with sector
- Avg gap on ex-date
- -0.75%-0.40pp vs sector
- Win rate at MOC exit
- 45%
- Median drawdown during hold
- -3.45%+0.52pp vs sector
- Best / worst touch (days)
- 1 / 21
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.26
- Per-event yield
- 0.96%
- Annualized yield
- 3.57%
- Previously paid
- Feb 9, 2026 ($0.26)
- Last record date
- Feb 9, 2026
- Last payment date
- Feb 23, 2026
How MATW 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#84of 87
Beats ~3% of peers on this metric
- Median days to touch#1of 87
Beats ~99% of peers on this metric
- Signal-to-noise#32of 87
Beats ~63% of peers on this metric
MATW 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 Matthews International (MATW). 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 | $0.26 | -1.36% | $27.16 | 21 | no | yes | -6.15% | -1.49% | |
| Q4 | $0.26 | -1.26% | $24.54 | 2 | yes | yes | -2.61% | +3.93% | |
| Q3 | $0.25 | -1.02% | $23.58 | 2 | yes | yes | -3.05% | +1.78% | |
| Q2 | $0.25 | 3.33% | $20.41 | 1 | yes | yes | -2.65% | +2.60% | |
| Q1 | $0.25 | -0.90% | $26.55 | 1 | yes | yes | -10.09% | -1.85% | |
| Q4 | $0.25 | -0.73% | $30.16 | 1 | yes | yes | -3.22% | -0.10% | |
| Q3 | $0.24 | -6.64% | $26.65 | >30 | no | no | -9.08% | -6.98% | |
| Q2 | $0.24 | 7.23% | $27.12 | 1 | yes | yes | 2.80% | +7.19% | |
| Q1 | $0.24 | -3.98% | $33.43 | >30 | no | no | -18.13% | -11.67% | |
| Q4 | $0.24 | -0.46% | $34.86 | 2 | yes | yes | -3.18% | +0.72% | |
| Q3 | $0.23 | -0.18% | $45.45 | 1 | yes | yes | -6.75% | -3.83% | |
| Q2 | $0.23 | 0.62% | $37.05 | 1 | yes | yes | -0.59% | +2.78% | |
| Q1 | $0.23 | -1.05% | $38.17 | 1 | yes | yes | -4.22% | -1.34% | |
| Q4 | $0.23 | -0.57% | $31.43 | 1 | yes | yes | -2.74% | +1.88% | |
| Q3 | $0.22 | -1.62% | $25.98 | 2 | yes | yes | -2.93% | +3.16% | |
| Q2 | $0.22 | -0.82% | $30.34 | 1 | yes | yes | -4.42% | -0.07% | |
| Q1 | $0.22 | -0.70% | $34.46 | 3 | yes | yes | -3.69% | -2.21% | |
| Q4 | $0.22 | -3.98% | $37.93 | >30 | no | no | -10.28% | -3.72% | |
| Q3 | $0.21 | -0.09% | $34.01 | 1 | yes | yes | -2.88% | +2.40% | |
| Q2 | $0.21 | -0.85% | $42.25 | 1 | yes | yes | -8.69% | -1.74% |
Q1
- Dividend
- $0.26
- Gap %
- -1.36%
- Pre-ex close
- $27.16
- High touch (td)
- 21
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -6.15%
- P&L 5d %
- -1.49%
Q4
- Dividend
- $0.26
- Gap %
- -1.26%
- Pre-ex close
- $24.54
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.61%
- P&L 5d %
- +3.93%
Q3
- Dividend
- $0.25
- Gap %
- -1.02%
- Pre-ex close
- $23.58
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.05%
- P&L 5d %
- +1.78%
Q2
- Dividend
- $0.25
- Gap %
- 3.33%
- Pre-ex close
- $20.41
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.65%
- P&L 5d %
- +2.60%
Q1
- Dividend
- $0.25
- Gap %
- -0.90%
- Pre-ex close
- $26.55
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -10.09%
- P&L 5d %
- -1.85%
Q4
- Dividend
- $0.25
- Gap %
- -0.73%
- Pre-ex close
- $30.16
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.22%
- P&L 5d %
- -0.10%
Q3
- Dividend
- $0.24
- Gap %
- -6.64%
- Pre-ex close
- $26.65
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -9.08%
- P&L 5d %
- -6.98%
Q2
- Dividend
- $0.24
- Gap %
- 7.23%
- Pre-ex close
- $27.12
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 2.80%
- P&L 5d %
- +7.19%
Q1
- Dividend
- $0.24
- Gap %
- -3.98%
- Pre-ex close
- $33.43
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -18.13%
- P&L 5d %
- -11.67%
Q4
- Dividend
- $0.24
- Gap %
- -0.46%
- Pre-ex close
- $34.86
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.18%
- P&L 5d %
- +0.72%
Q3
- Dividend
- $0.23
- Gap %
- -0.18%
- Pre-ex close
- $45.45
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.75%
- P&L 5d %
- -3.83%
Q2
- Dividend
- $0.23
- Gap %
- 0.62%
- Pre-ex close
- $37.05
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.59%
- P&L 5d %
- +2.78%
Q1
- Dividend
- $0.23
- Gap %
- -1.05%
- Pre-ex close
- $38.17
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.22%
- P&L 5d %
- -1.34%
Q4
- Dividend
- $0.23
- Gap %
- -0.57%
- Pre-ex close
- $31.43
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.74%
- P&L 5d %
- +1.88%
Q3
- Dividend
- $0.22
- Gap %
- -1.62%
- Pre-ex close
- $25.98
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.93%
- P&L 5d %
- +3.16%
Q2
- Dividend
- $0.22
- Gap %
- -0.82%
- Pre-ex close
- $30.34
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.42%
- P&L 5d %
- -0.07%
Q1
- Dividend
- $0.22
- Gap %
- -0.70%
- Pre-ex close
- $34.46
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.69%
- P&L 5d %
- -2.21%
Q4
- Dividend
- $0.22
- Gap %
- -3.98%
- Pre-ex close
- $37.93
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -10.28%
- P&L 5d %
- -3.72%
Q3
- Dividend
- $0.21
- Gap %
- -0.09%
- Pre-ex close
- $34.01
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.88%
- P&L 5d %
- +2.40%
Q2
- Dividend
- $0.21
- Gap %
- -0.85%
- Pre-ex close
- $42.25
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -8.69%
- P&L 5d %
- -1.74%
MATW Pre-Ex Touch Time Distribution
- ≤ 1 day1155%
- 2–3 days525%
- 4–5 days00%
- 6–10 days00%
- 11–30 days15%
- 30+315%
55% within 1d · 80% within 5d · 85% within 30d
MATW Dividend Capture Calculator — After-Tax Yield
Pre-filled with MATW'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
- $52.00
- After-tax dividend
- $33.80
- Slippage round-trip
- -$5.43
- Net if price returns to pre-ex
- +$28.37
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.52%
- Annual if all succeed
- ~26.3%
MATW Dividend Capture Backtest Simulator
Replay every historical MATW 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 · MATW (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 |
|---|---|
| +0.51% | |
| +0.63% | |
| -3.72% | |
| +0.64% | |
| +0.73% | |
| +0.85% | |
| +0.73% | |
| +0.60% | |
| +0.62% | |
| +0.51% | |
| +0.69% | |
| -11.67% | |
| +0.88% | |
| -6.98% | |
| +0.83% | |
| +0.94% | |
| +1.22% | |
| +1.06% | |
| +1.04% | |
| -1.49% |
Looking for full price seasonality? See MATW seasonality →
Frequently asked questions
What is the dividend capture success rate for MATW?
Across the last 20 ex-dividend events for Matthews International (MATW), 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 MATW to recover its dividend gap?
Historically, MATW touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 21 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 MATW large enough to capture?
MATW has a signal-to-noise ratio of 0.22 (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 MATW?
The next ex-dividend date for Matthews International (MATW) is May 11, 2026, confirmed (declared by the company).
How does MATW compare to its sector for dividend capture?
Within Industrials, the median 30-day pre-ex touch rate is 95%. MATW sits at 85% — at or below the sector benchmark.
Why does MATW 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.