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Parker-Hannifin (PH) Dividend Capture: 0.21% per event (0.8% annualized)

Updated May 6, 202620 eventshigh

Parker-Hannifin (PH) has touched its pre-ex close within 30 trading days in 90% 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 0.13), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, PH sits roughly in line with 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 8, 2026, with an expected dividend of $2.00.

Touch rate (30d)
90%-5pp vs sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.13-0.05 vs sector

Recovery engine

TL;DR over the most recent 20 events.

30-day touch rate
90%
-5pp vs sector
Median days-to-touch
1d
in line with sector
Signal-to-noise (div / ATR)
0.13
-0.05 vs sector
Avg gap on ex-date
0.01%
+0.36pp vs sector
Win rate at MOC exit
60%
Median drawdown during hold
-2.73%
+1.24pp vs sector
Best / worst touch (days)
1 / 4

Next ex-dividend

Confirmed by company declaration.

in 1 day
Dividend
$2.00
Per-event yield
0.21%
Annualized yield
0.85%
Previously paid
Feb 6, 2026 ($1.80)
Last record date
Feb 6, 2026
Last payment date
Mar 6, 2026

How PH 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.

Full sector ranking
  • 30-day touch rate
    #67of 87

    Beats ~23% of peers on this metric

  • Median days to touch
    #1of 87

    Beats ~99% of peers on this metric

  • Signal-to-noise
    #59of 87

    Beats ~32% of peers on this metric

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

  • Q1

    Dividend
    $1.80
    Gap %
    1.03%
    Pre-ex close
    $967.62
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    0.40%
    P&L 5d %
    +3.71%
  • Q4

    Dividend
    $1.80
    Gap %
    0.22%
    Pre-ex close
    $834.15
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.35%
    P&L 5d %
    -0.05%
  • Q3

    Dividend
    $1.80
    Gap %
    -1.75%
    Pre-ex close
    $759.35
    High touch (td)
    4
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.69%
    P&L 5d %
    -0.30%
  • Q2

    Dividend
    $1.80
    Gap %
    0.19%
    Pre-ex close
    $641.50
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.02%
    P&L 5d %
    +6.34%
  • Q1

    Dividend
    $1.63
    Gap %
    0.36%
    Pre-ex close
    $691.60
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.20%
    P&L 5d %
    +1.49%
  • Q4

    Dividend
    $1.63
    Gap %
    0.03%
    Pre-ex close
    $689.77
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.84%
    P&L 5d %
    +1.56%
  • Q3

    Dividend
    $1.63
    Gap %
    -0.02%
    Pre-ex close
    $590.09
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.67%
    P&L 5d %
    -2.25%
  • Q2

    Dividend
    $1.63
    Gap %
    -0.15%
    Pre-ex close
    $554.91
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.11%
    P&L 5d %
    -2.49%
  • Q1

    Dividend
    $1.48
    Gap %
    -0.27%
    Pre-ex close
    $514.22
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.66%
    P&L 5d %
    +1.78%
  • Q4

    Dividend
    $1.48
    Gap %
    0.23%
    Pre-ex close
    $412.82
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    0.03%
    P&L 5d %
    +5.16%
  • Q3

    Dividend
    $1.48
    Gap %
    0.98%
    Pre-ex close
    $398.33
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.32%
    P&L 5d %
    +6.43%
  • Q2

    Dividend
    $1.48
    Gap %
    -1.13%
    Pre-ex close
    $326.88
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.91%
    P&L 5d %
    +2.98%
  • Q1

    Dividend
    $1.33
    Gap %
    0.38%
    Pre-ex close
    $351.99
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.76%
    P&L 5d %
    +1.10%
  • Q4

    Dividend
    $1.33
    Gap %
    3.96%
    Pre-ex close
    $289.23
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    2.16%
    P&L 5d %
    +5.61%
  • Q3

    Dividend
    $1.33
    Gap %
    -0.23%
    Pre-ex close
    $292.38
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -10.31%
    P&L 5d %
    -8.95%
  • Q2

    Dividend
    $1.33
    Gap %
    -1.18%
    Pre-ex close
    $264.89
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.36%
    P&L 5d %
    -0.33%
  • Q1

    Dividend
    $1.03
    Gap %
    -1.85%
    Pre-ex close
    $314.25
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -10.79%
    P&L 5d %
    -3.25%
  • Q4

    Dividend
    $1.03
    Gap %
    -0.32%
    Pre-ex close
    $329.57
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.60%
    P&L 5d %
    +0.24%
  • Q3

    Dividend
    $1.03
    Gap %
    -0.09%
    Pre-ex close
    $303.51
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -6.71%
    P&L 5d %
    -2.50%
  • Q2

    Dividend
    $1.03
    Gap %
    -0.20%
    Pre-ex close
    $315.70
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.66%
    P&L 5d %
    +0.49%

PH Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 90% (18 events)
  • ≤ 1 day
    1470%
  • 2–3 days
    315%
  • 4–5 days
    15%
  • 6–10 days
    00%
  • 11–30 days
    00%
  • 30+
    210%

70% within 1d · 90% within 5d · 90% within 30d

PH Dividend Capture Calculator — After-Tax Yield

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

Slippage preset

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.

Display
Gross dividend
$400.00
After-tax dividend
$260.00
Slippage round-trip
-$193.52

Net if price returns to pre-ex
+$66.48
Required recovery to break even
0.00%

Per-event after-tax yield
+0.03%
Annual if all succeed
~1.7%
Scenariosbase rate 90%
Best (limit fills)+$66.48
Average (base rate)+$26.48
Worst (no recovery)$333.52

Open in full calculator →

PH Dividend Capture Backtest Simulator

Replay every historical PH 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.

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)-0.32%
Win rate (20 trades)
90%
Cumulative P&L
i
-6.45%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+218.52%Span: May 6, 2021 → Feb 6, 2026 · long-horizon total return vs repeating capture cycles
Best event
+0.50%
Worst event
-8.95%

Cumulative P&L (equity curve)

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

+1.0%+0.0%-10.7%May 6, 2021 · cumulative +0.33% (sum of returns through this event)Aug 26, 2021 · cumulative +0.67% (sum of returns through this event)Nov 10, 2021 · cumulative +0.98% (sum of returns through this event)Feb 10, 2022 · cumulative -2.27% (sum of returns through this event)May 12, 2022 · cumulative -1.77% (sum of returns through this event)Aug 26, 2022 · cumulative -10.72% (sum of returns through this event)Nov 10, 2022 · cumulative -10.26% (sum of returns through this event)Feb 9, 2023 · cumulative -9.88% (sum of returns through this event)May 11, 2023 · cumulative -9.43% (sum of returns through this event)Aug 25, 2023 · cumulative -9.06% (sum of returns through this event)Nov 10, 2023 · cumulative -8.70% (sum of returns through this event)Feb 8, 2024 · cumulative -8.41% (sum of returns through this event)May 9, 2024 · cumulative -8.12% (sum of returns through this event)Aug 28, 2024 · cumulative -7.84% (sum of returns through this event)Nov 8, 2024 · cumulative -7.61% (sum of returns through this event)Feb 7, 2025 · cumulative -7.37% (sum of returns through this event)May 9, 2025 · cumulative -7.09% (sum of returns through this event)Sep 2, 2025 · cumulative -6.85% (sum of returns through this event)Nov 7, 2025 · cumulative -6.64% (sum of returns through this event)Feb 6, 2026 · cumulative -6.45% (sum of returns through this event)
May 6, 2021Feb 6, 2026

Per-event P&L distribution

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

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

Scenario P&L by event · PH (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
+0.33%
+0.34%
+0.31%
-3.25%
+0.50%
-8.95%
+0.46%
+0.38%
+0.45%
+0.37%
+0.36%
+0.29%
+0.29%
+0.28%
+0.24%
+0.24%
+0.28%
+0.24%
+0.22%
+0.19%

Looking for full price seasonality? See PH seasonality →

Frequently asked questions

What is the dividend capture success rate for PH?

Across the last 20 ex-dividend events for Parker-Hannifin (PH), the post-ex intraday high reached the pre-ex close within 30 trading days in 90% 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 PH to recover its dividend gap?

Historically, PH touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 4 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 PH large enough to capture?

PH has a signal-to-noise ratio of 0.13 (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 PH?

The next ex-dividend date for Parker-Hannifin (PH) is May 8, 2026, confirmed (declared by the company).

How does PH compare to its sector for dividend capture?

Within Industrials, the median 30-day pre-ex touch rate is 95%. PH sits at 90% — at or below the sector benchmark.

Why does PH 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.