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Dividend Capture for Progressive (PGR)

PGR dividend capture — median 1d pre-ex touch, 95% /30d touch rate over 20 ex-dates. Next ex-date, event history, after-tax calculator & simulator.

Updated Jun 20, 202620 eventshigh

Progressive (PGR) 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 0.29), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, PGR sits roughly in line with the Financial Services 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 Jul 2, 2026, with an expected dividend of $0.10.

Touch rate (30d)
95%in line with sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.29in line with sector

Recovery engine

TL;DR over the most recent 20 events.

MetricValuevs sector
30-day touch rate
95%
in line with sector
Median days-to-touch
1d
in line with sector
Signal-to-noise (div / ATR)
0.29
in line with sector
Avg gap on ex-date
-0.67%
in line with sector
Win rate at MOC exit
55%
Median drawdown during hold
-4.60%
-0.22pp vs sector
Best / worst touch (days)
1 / 5

Next ex-dividend

Confirmed by company declaration.

in 11 days
Dividend$0.10
Per-event yield0.05%
Annualized yield6.78%
Previously paidApr 2, 2026 ($0.10)
Last record dateApr 2, 2026
Last payment dateApr 10, 2026

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

  • +0.45%
  • +0.46%
  • -1.70%
  • -4.93%
  • -2.83%
  • +1.93%
  • -1.00%
  • +0.38%
  • -1.80%
  • +5.28%
  • +3.27%
  • -12.59%
  • -4.14%
  • +1.37%
  • +0.15%
  • +0.32%
  • -0.19%
  • +6.29%
  • +1.75%
  • -0.37%

PGR 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 day1680%
2–3 days210%
4–5 days15%
6–10 days00%
11–30 days00%
30+15%
80% within 1d · 95% within 5d · 95% within 30d(20 events analyzed)

PGR Dividend Capture Calculator — After-Tax Yield

Pre-filled with PGR'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
$20.00
After-tax dividend
$13.00
Slippage round-trip
-$38.67

Net if price returns to pre-ex
$-25.67
Required recovery to break even
0.07%

Per-event after-tax yield
-0.07%
Annual if all succeed
~-3.3%
Scenariosbase rate 95%
Best (limit fills)$25.67
Average (base rate)$26.67
Worst (no recovery)$45.67

Open in full calculator →

PGR Dividend Capture Backtest Simulator

Replay every historical PGR 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)+0.27%
Win rate (20 trades)
100%
Cumulative P&L
i
+5.36%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+138.22%Span: Oct 6, 2021 → Apr 2, 2026 · long-horizon total return vs repeating capture cycles
Best event
+1.89%
Worst event
0.04%

Cumulative P&L (equity curve)

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

+5.4%+0.0%Oct 6, 2021 · cumulative +0.11% (sum of returns through this event)Dec 17, 2021 · cumulative +1.57% (sum of returns through this event)Jan 6, 2022 · cumulative +1.66% (sum of returns through this event)Apr 6, 2022 · cumulative +1.75% (sum of returns through this event)Jul 6, 2022 · cumulative +1.84% (sum of returns through this event)Oct 6, 2022 · cumulative +1.92% (sum of returns through this event)Jan 5, 2023 · cumulative +1.99% (sum of returns through this event)Apr 5, 2023 · cumulative +2.06% (sum of returns through this event)Jul 6, 2023 · cumulative +2.14% (sum of returns through this event)Oct 4, 2023 · cumulative +2.21% (sum of returns through this event)Jan 18, 2024 · cumulative +2.71% (sum of returns through this event)Apr 3, 2024 · cumulative +2.76% (sum of returns through this event)Jul 3, 2024 · cumulative +2.81% (sum of returns through this event)Oct 3, 2024 · cumulative +2.85% (sum of returns through this event)Jan 10, 2025 · cumulative +4.73% (sum of returns through this event)Apr 3, 2025 · cumulative +4.77% (sum of returns through this event)Jul 3, 2025 · cumulative +4.81% (sum of returns through this event)Oct 2, 2025 · cumulative +4.85% (sum of returns through this event)Jan 2, 2026 · cumulative +5.31% (sum of returns through this event)Apr 2, 2026 · cumulative +5.36% (sum of returns through this event)
Oct 6, 2021Apr 2, 2026

Per-event P&L distribution

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

 
<-3%
 
-3..-1%
 
-1..0%
 
0%
18
0..1%
2
1..3%
 
>3%

Scenario P&L by event · PGR (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
+0.11%
+1.46%
+0.10%
+0.09%
+0.09%
+0.08%
+0.08%
+0.07%
+0.08%
+0.07%
+0.50%
+0.05%
+0.05%
+0.04%
+1.89%
+0.04%
+0.04%
+0.04%
+0.46%
+0.05%

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