McKesson (MCK) Dividend Capture: 0.08% per event (0.4% annualized)
MCK
McKesson (MCK) 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 0.07), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, MCK 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 1, 2026, with an expected dividend of $0.82.
- Touch rate (30d)
- 95%-5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.07-0.08 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 95%-5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.07-0.08 vs sector
- Avg gap on ex-date
- -0.47%-0.13pp vs sector
- Win rate at MOC exit
- 55%
- Median drawdown during hold
- -3.40%+0.98pp vs sector
- Best / worst touch (days)
- 1 / 28
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.82
- Per-event yield
- 0.08%
- Annualized yield
- 0.41%
- Previously paid
- Mar 2, 2026 ($0.82)
- Last record date
- Mar 2, 2026
- Last payment date
- Apr 1, 2026
How MCK 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#22of 40
Beats ~45% of peers on this metric
- Median days to touch#1of 40
Beats ~98% of peers on this metric
- Signal-to-noise#33of 40
Beats ~18% of peers on this metric
MCK 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 McKesson (MCK). 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 | $0.82 | 0.27% | $987.37 | 1 | yes | yes | -7.86% | -4.50% | |
| Q4 | $0.82 | -0.61% | $881.12 | 1 | yes | yes | -10.35% | -9.35% | |
| Q3 | $0.82 | 0.10% | $686.64 | 1 | yes | yes | -0.62% | +2.87% | |
| Q2 | $0.71 | -0.18% | $719.51 | 1 | yes | yes | -3.00% | -1.47% | |
| Q1 | $0.71 | -0.41% | $640.26 | 1 | yes | yes | -2.87% | +3.01% | |
| Q4 | $0.71 | -0.48% | $628.50 | >30 | no | no | -9.10% | -5.71% | |
| Q3 | $0.71 | -0.03% | $556.15 | 1 | yes | yes | -9.50% | -8.27% | |
| Q2 | $0.62 | -0.67% | $569.59 | 1 | yes | yes | -0.67% | +3.92% | |
| Q1 | $0.62 | -0.16% | $523.68 | 1 | yes | yes | -1.10% | +1.03% | |
| Q4 | $0.62 | -0.32% | $456.70 | 1 | yes | yes | -1.46% | -0.09% | |
| Q3 | $0.62 | -0.22% | $421.60 | 1 | yes | yes | -4.00% | -0.05% | |
| Q2 | $0.54 | -1.77% | $384.27 | 1 | yes | yes | -2.86% | +0.23% | |
| Q1 | $0.54 | -0.40% | $355.35 | 21 | no | yes | -6.22% | -4.92% | |
| Q4 | $0.54 | -0.48% | $381.78 | 1 | yes | yes | -3.62% | +1.12% | |
| Q3 | $0.54 | -0.16% | $364.01 | 1 | yes | yes | -7.04% | +1.84% | |
| Q2 | $0.47 | -1.27% | $334.96 | 28 | no | yes | -8.80% | -3.83% | |
| Q1 | $0.47 | -1.63% | $275.38 | 1 | yes | yes | -2.44% | +1.27% | |
| Q4 | $0.47 | -0.61% | $223.27 | 3 | yes | yes | -3.58% | +0.79% | |
| Q3 | $0.47 | -0.24% | $201.17 | 1 | yes | yes | -0.69% | +2.72% | |
| Q2 | $0.42 | -0.08% | $194.31 | 1 | yes | yes | -3.21% | +0.59% |
Q1
- Dividend
- $0.82
- Gap %
- 0.27%
- Pre-ex close
- $987.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.86%
- P&L 5d %
- -4.50%
Q4
- Dividend
- $0.82
- Gap %
- -0.61%
- Pre-ex close
- $881.12
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -10.35%
- P&L 5d %
- -9.35%
Q3
- Dividend
- $0.82
- Gap %
- 0.10%
- Pre-ex close
- $686.64
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.62%
- P&L 5d %
- +2.87%
Q2
- Dividend
- $0.71
- Gap %
- -0.18%
- Pre-ex close
- $719.51
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.00%
- P&L 5d %
- -1.47%
Q1
- Dividend
- $0.71
- Gap %
- -0.41%
- Pre-ex close
- $640.26
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.87%
- P&L 5d %
- +3.01%
Q4
- Dividend
- $0.71
- Gap %
- -0.48%
- Pre-ex close
- $628.50
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -9.10%
- P&L 5d %
- -5.71%
Q3
- Dividend
- $0.71
- Gap %
- -0.03%
- Pre-ex close
- $556.15
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -9.50%
- P&L 5d %
- -8.27%
Q2
- Dividend
- $0.62
- Gap %
- -0.67%
- Pre-ex close
- $569.59
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.67%
- P&L 5d %
- +3.92%
Q1
- Dividend
- $0.62
- Gap %
- -0.16%
- Pre-ex close
- $523.68
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.10%
- P&L 5d %
- +1.03%
Q4
- Dividend
- $0.62
- Gap %
- -0.32%
- Pre-ex close
- $456.70
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.46%
- P&L 5d %
- -0.09%
Q3
- Dividend
- $0.62
- Gap %
- -0.22%
- Pre-ex close
- $421.60
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.00%
- P&L 5d %
- -0.05%
Q2
- Dividend
- $0.54
- Gap %
- -1.77%
- Pre-ex close
- $384.27
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.86%
- P&L 5d %
- +0.23%
Q1
- Dividend
- $0.54
- Gap %
- -0.40%
- Pre-ex close
- $355.35
- High touch (td)
- 21
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -6.22%
- P&L 5d %
- -4.92%
Q4
- Dividend
- $0.54
- Gap %
- -0.48%
- Pre-ex close
- $381.78
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.62%
- P&L 5d %
- +1.12%
Q3
- Dividend
- $0.54
- Gap %
- -0.16%
- Pre-ex close
- $364.01
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.04%
- P&L 5d %
- +1.84%
Q2
- Dividend
- $0.47
- Gap %
- -1.27%
- Pre-ex close
- $334.96
- High touch (td)
- 28
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -8.80%
- P&L 5d %
- -3.83%
Q1
- Dividend
- $0.47
- Gap %
- -1.63%
- Pre-ex close
- $275.38
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.44%
- P&L 5d %
- +1.27%
Q4
- Dividend
- $0.47
- Gap %
- -0.61%
- Pre-ex close
- $223.27
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.58%
- P&L 5d %
- +0.79%
Q3
- Dividend
- $0.47
- Gap %
- -0.24%
- Pre-ex close
- $201.17
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.69%
- P&L 5d %
- +2.72%
Q2
- Dividend
- $0.42
- Gap %
- -0.08%
- Pre-ex close
- $194.31
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.21%
- P&L 5d %
- +0.59%
MCK Pre-Ex Touch Time Distribution
- ≤ 1 day1680%
- 2–3 days15%
- 4–5 days00%
- 6–10 days00%
- 11–30 days210%
- 30+15%
80% within 1d · 85% within 5d · 95% within 30d
MCK Dividend Capture Calculator — After-Tax Yield
Pre-filled with MCK'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
- $164.00
- After-tax dividend
- $106.60
- Slippage round-trip
- -$197.47
- Net if price returns to pre-ex
- $-90.87
- Required recovery to break even
- 0.05%
- Per-event after-tax yield
- -0.05%
- Annual if all succeed
- ~-2.3%
MCK Dividend Capture Backtest Simulator
Replay every historical MCK 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 · MCK (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 |
|---|---|
| +0.22% | |
| +0.23% | |
| +0.21% | |
| +0.17% | |
| -3.83% | |
| +0.15% | |
| +0.14% | |
| -4.92% | |
| +0.14% | |
| +0.15% | |
| +0.14% | |
| +0.12% | |
| +0.11% | |
| +0.13% | |
| -5.71% | |
| +0.11% | |
| +0.10% | |
| +0.12% | |
| +0.09% | |
| +0.08% |
Looking for full price seasonality? See MCK seasonality →
Frequently asked questions
What is the dividend capture success rate for MCK?
Across the last 20 ex-dividend events for McKesson (MCK), 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 MCK to recover its dividend gap?
Historically, MCK touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 28 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 MCK large enough to capture?
MCK has a signal-to-noise ratio of 0.07 (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 MCK?
The next ex-dividend date for McKesson (MCK) is Jun 1, 2026, confirmed (declared by the company).
How does MCK compare to its sector for dividend capture?
Within Healthcare, the median 30-day pre-ex touch rate is 100%. MCK sits at 95% — at or below the sector benchmark.
Why does MCK 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.