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Dividend Capture for Pfizer (PFE)

PFE dividend capture — median 2d pre-ex touch, 79% /30d touch rate over 19 ex-dates. Next ex-date, event history, after-tax calculator & simulator.

Updated Jun 20, 202619 eventshigh

Pfizer (PFE) has touched its pre-ex close within 30 trading days in 79% of the last 19 ex-dividend events, with a median time-to-touch of 2 trading days (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.61), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, PFE sits noticeably below the Healthcare sector benchmark of 100%. 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 ex-dividend date is estimated at Aug 7, 2026 (±7 days), based on the historical pattern; the company has not yet declared a dividend.

Touch rate (30d)
79%-21pp vs sector
Median days-to-touch
2d+1.0d vs sector
Signal-to-noise
0.61+0.46 vs sector

Recovery engine

TL;DR over the most recent 19 events.

MetricValuevs sector
30-day touch rate
79%
-21pp vs sector
Median days-to-touch
2d
+1.0d vs sector
Signal-to-noise (div / ATR)
0.61
+0.46 vs sector
Avg gap on ex-date
-1.38%
-1.05pp vs sector
Win rate at MOC exit
60%
Median drawdown during hold
-5.14%
-0.74pp vs sector
Best / worst touch (days)
1 / 18

Next ex-dividend

Estimated from historical pattern ±7 days.

in 47 days
Dividend$0.43
Per-event yield1.65%
Annualized yield6.70%
Previously paidJan 23, 2026 ($0.43)
Last record dateJan 23, 2026
Last payment dateMar 6, 2026

PFE 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 Pfizer (PFE). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • +2.95%
  • +2.58%
  • -5.64%
  • +1.26%
  • +1.93%
  • -8.16%
  • +2.22%
  • +3.78%
  • -2.19%
  • -2.08%
  • -4.84%
  • -3.68%
  • -0.71%
  • +1.51%
  • -3.25%
  • +3.24%
  • +1.45%
  • +12.83%
  • +4.60%
  • +1.30%

PFE Pre-Ex Touch Time Distribution

First trading session whose intraday high reached the pre-ex close within the 30-day measurement window. td = trading days from ex-date.

Touch windowDistributionCountShare
≤ 1 day420%
2–3 days945%
4–5 days15%
6–10 days15%
11–30 days15%
30+420%
20% within 1d · 70% within 5d · 80% within 30d(20 events analyzed)

PFE Dividend Capture Calculator — After-Tax Yield

Pre-filled with PFE's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.

U.S. ordinary-income rate (22-37%) applies on holds shorter than 61 days. Hold longer to qualify for the 0/15/20% qualified-dividend rate.

Slippage preset
Display
Gross dividend
$86.00
After-tax dividend
$55.90
Slippage round-trip
-$5.22

Net if price returns to pre-ex
+$50.68
Required recovery to break even
0.00%

Per-event after-tax yield
+0.97%
Annual if all succeed
~48.9%
Scenariosbase rate 79%
Best (limit fills)+$50.68
Average (base rate)+$32.57
Worst (no recovery)$35.32

Open in full calculator →

PFE Dividend Capture Backtest Simulator

Replay every historical PFE ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close, or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan.

Limit window:Quarter:

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).

Avg P&L per trade(20 events)-0.40%
Win rate (20 trades)
70%
Cumulative P&L
i
-7.94%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
-15.21%Span: May 6, 2021 → Jan 23, 2026 · long-horizon total return vs repeating capture cycles
Best event
+1.87%
Worst event
-8.16%

Cumulative P&L (equity curve)

Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.

+5.9%+0.0%-11.3%May 6, 2021 · cumulative +0.98% (sum of returns through this event)Jul 29, 2021 · cumulative +1.87% (sum of returns through this event)Nov 4, 2021 · cumulative +2.74% (sum of returns through this event)Jan 27, 2022 · cumulative +3.50% (sum of returns through this event)May 12, 2022 · cumulative +4.31% (sum of returns through this event)Jul 28, 2022 · cumulative +5.08% (sum of returns through this event)Nov 3, 2022 · cumulative +5.93% (sum of returns through this event)Jan 26, 2023 · cumulative +5.22% (sum of returns through this event)May 11, 2023 · cumulative +1.54% (sum of returns through this event)Jul 27, 2023 · cumulative -3.30% (sum of returns through this event)Nov 9, 2023 · cumulative -5.38% (sum of returns through this event)Jan 25, 2024 · cumulative -3.90% (sum of returns through this event)May 9, 2024 · cumulative -2.41% (sum of returns through this event)Jul 26, 2024 · cumulative -1.02% (sum of returns through this event)Nov 8, 2024 · cumulative -9.18% (sum of returns through this event)Jan 24, 2025 · cumulative -7.55% (sum of returns through this event)May 9, 2025 · cumulative -5.68% (sum of returns through this event)Jul 25, 2025 · cumulative -11.32% (sum of returns through this event)Nov 7, 2025 · cumulative -9.59% (sum of returns through this event)Jan 23, 2026 · cumulative -7.94% (sum of returns through this event)
May 6, 2021Jan 23, 2026

Per-event P&L distribution

20 trades in this sample · bar height ∝ count in each bucket (gross % per event).

4
<-3%
1
-3..-1%
1
-1..0%
 
0%
7
0..1%
7
1..3%
 
>3%

Scenario P&L by event · PFE (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-dateP&L
+0.98%
+0.90%
+0.87%
+0.75%
+0.81%
+0.77%
+0.85%
-0.71%
-3.68%
-4.84%
-2.08%
+1.48%
+1.49%
+1.39%
-8.16%
+1.63%
+1.87%
-5.64%
+1.73%
+1.65%

Results are illustrative only and are not financial advice. Capture simulations use historical prices and simplified costs and tax assumptions. Actual fills, borrow fees, and market rules vary. Consult a qualified advisor before trading.

Frequently asked questions