Raymond James Financial (RJF) Dividend Capture: 0.37% per event (1.5% annualized)
Raymond James Financial (RJF) has touched its pre-ex close within 30 trading days in 100% 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 0.17), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, RJF 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.
- Touch rate (30d)
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.17-0.14 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.17-0.14 vs sector
- Avg gap on ex-date
- -0.27%+0.31pp vs sector
- Win rate at MOC exit
- 60%
- Median drawdown during hold
- -3.06%+1.33pp vs sector
- Best / worst touch (days)
- 1 / 17
Next ex-dividend
The company has not declared a dividend, and we don't have enough recent history to extrapolate a reliable estimate.
How RJF ranks in Financial Services
Compared with other stocks in this sector that pass our capture-quality filter (101 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#1of 101
Beats ~99% of peers on this metric
- Median days to touch#1of 101
Beats ~99% of peers on this metric
- Signal-to-noise#80of 101
Beats ~21% of peers on this metric
RJF 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 Raymond James Financial (RJF). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q2 | $0.54 | 0.40% | $144.79 | 1 | yes | yes | -4.12% | +2.69% | |
| Q1 | $0.54 | -0.22% | $160.59 | 1 | yes | yes | -0.59% | +4.77% | |
| Q4 | $0.50 | -1.70% | $172.60 | 17 | no | yes | -8.26% | -4.03% | |
| Q3 | $0.50 | -0.63% | $153.37 | 1 | yes | yes | -1.09% | +3.78% | |
| Q2 | $0.50 | -1.13% | $138.91 | 2 | yes | yes | -15.36% | -9.75% | |
| Q1 | $0.50 | 0.32% | $155.33 | 1 | yes | yes | -1.71% | -0.40% | |
| Q4 | $0.45 | -0.38% | $122.46 | 1 | yes | yes | -1.67% | +2.36% | |
| Q3 | $0.45 | -0.04% | $123.61 | 1 | yes | yes | -5.21% | -3.63% | |
| Q1 | $0.45 | -0.13% | $127.40 | 1 | yes | yes | -2.30% | +1.05% | |
| Q4 | $0.45 | -0.37% | $112.73 | 15 | no | yes | -3.38% | +0.16% | |
| Q3 | $0.42 | 0.36% | $100.84 | 1 | yes | yes | -5.61% | -1.14% | |
| Q2 | $0.42 | 0.54% | $103.66 | 1 | yes | yes | -2.39% | +0.72% | |
| Q1 | $0.42 | 0.26% | $92.19 | 1 | yes | yes | -3.94% | -0.55% | |
| Q4 | $0.42 | -1.01% | $107.99 | 1 | yes | yes | -3.21% | +2.87% | |
| Q3 | $0.34 | -0.44% | $98.28 | 1 | yes | yes | -0.50% | +9.34% | |
| Q2 | $0.34 | -1.97% | $90.23 | 2 | yes | yes | -4.73% | +0.88% | |
| Q2 | $0.34 | 0.43% | $109.91 | 1 | yes | yes | -4.60% | -0.86% | |
| Q1 | $0.34 | 0.43% | $100.40 | 1 | yes | yes | 0.00% | +7.60% | |
| Q3 | $0.26 | 0.61% | $93.58 | 1 | yes | yes | -1.77% | +2.71% | |
| Q2 | $0.39 | -0.63% | $86.88 | 2 | yes | yes | -2.90% | -1.91% |
Q2
- Dividend
- $0.54
- Gap %
- 0.40%
- Pre-ex close
- $144.79
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.12%
- P&L 5d %
- +2.69%
Q1
- Dividend
- $0.54
- Gap %
- -0.22%
- Pre-ex close
- $160.59
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.59%
- P&L 5d %
- +4.77%
Q4
- Dividend
- $0.50
- Gap %
- -1.70%
- Pre-ex close
- $172.60
- High touch (td)
- 17
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -8.26%
- P&L 5d %
- -4.03%
Q3
- Dividend
- $0.50
- Gap %
- -0.63%
- Pre-ex close
- $153.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.09%
- P&L 5d %
- +3.78%
Q2
- Dividend
- $0.50
- Gap %
- -1.13%
- Pre-ex close
- $138.91
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -15.36%
- P&L 5d %
- -9.75%
Q1
- Dividend
- $0.50
- Gap %
- 0.32%
- Pre-ex close
- $155.33
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.71%
- P&L 5d %
- -0.40%
Q4
- Dividend
- $0.45
- Gap %
- -0.38%
- Pre-ex close
- $122.46
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.67%
- P&L 5d %
- +2.36%
Q3
- Dividend
- $0.45
- Gap %
- -0.04%
- Pre-ex close
- $123.61
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.21%
- P&L 5d %
- -3.63%
Q1
- Dividend
- $0.45
- Gap %
- -0.13%
- Pre-ex close
- $127.40
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.30%
- P&L 5d %
- +1.05%
Q4
- Dividend
- $0.45
- Gap %
- -0.37%
- Pre-ex close
- $112.73
- High touch (td)
- 15
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -3.38%
- P&L 5d %
- +0.16%
Q3
- Dividend
- $0.42
- Gap %
- 0.36%
- Pre-ex close
- $100.84
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.61%
- P&L 5d %
- -1.14%
Q2
- Dividend
- $0.42
- Gap %
- 0.54%
- Pre-ex close
- $103.66
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.39%
- P&L 5d %
- +0.72%
Q1
- Dividend
- $0.42
- Gap %
- 0.26%
- Pre-ex close
- $92.19
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.94%
- P&L 5d %
- -0.55%
Q4
- Dividend
- $0.42
- Gap %
- -1.01%
- Pre-ex close
- $107.99
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.21%
- P&L 5d %
- +2.87%
Q3
- Dividend
- $0.34
- Gap %
- -0.44%
- Pre-ex close
- $98.28
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.50%
- P&L 5d %
- +9.34%
Q2
- Dividend
- $0.34
- Gap %
- -1.97%
- Pre-ex close
- $90.23
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.73%
- P&L 5d %
- +0.88%
Q2
- Dividend
- $0.34
- Gap %
- 0.43%
- Pre-ex close
- $109.91
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.60%
- P&L 5d %
- -0.86%
Q1
- Dividend
- $0.34
- Gap %
- 0.43%
- Pre-ex close
- $100.40
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.00%
- P&L 5d %
- +7.60%
Q3
- Dividend
- $0.26
- Gap %
- 0.61%
- Pre-ex close
- $93.58
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.77%
- P&L 5d %
- +2.71%
Q2
- Dividend
- $0.39
- Gap %
- -0.63%
- Pre-ex close
- $86.88
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.90%
- P&L 5d %
- -1.91%
RJF Pre-Ex Touch Time Distribution
- ≤ 1 day1575%
- 2–3 days315%
- 4–5 days00%
- 6–10 days00%
- 11–30 days210%
- 30+00%
75% within 1d · 90% within 5d · 100% within 30d
RJF Dividend Capture Calculator — After-Tax Yield
Pre-filled with RJF'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
- $108.00
- After-tax dividend
- $70.20
- Slippage round-trip
- -$28.96
- Net if price returns to pre-ex
- +$41.24
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.14%
- Annual if all succeed
- ~7.2%
RJF Dividend Capture Backtest Simulator
Replay every historical RJF 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 · RJF (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 |
|---|---|
| +0.45% | |
| +0.28% | |
| +0.34% | |
| +0.31% | |
| +0.38% | |
| +0.35% | |
| +0.39% | |
| +0.46% | |
| +0.41% | |
| +0.42% | |
| +0.16% | |
| +0.35% | |
| +0.36% | |
| +0.37% | |
| +0.32% | |
| +0.36% | |
| +0.33% | |
| -4.03% | |
| +0.34% | |
| +0.37% |
Looking for full price seasonality? See RJF seasonality →
Frequently asked questions
What is the dividend capture success rate for RJF?
Across the last 20 ex-dividend events for Raymond James Financial (RJF), the post-ex intraday high reached the pre-ex close within 30 trading days in 100% 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 RJF to recover its dividend gap?
Historically, RJF touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 17 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 RJF large enough to capture?
RJF has a signal-to-noise ratio of 0.17 (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.
How does RJF compare to its sector for dividend capture?
Within Financial Services, the median 30-day pre-ex touch rate is 95%. RJF sits at 100% — above the sector benchmark.
Why does RJF 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.
