Stryker (SYK) 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 0.13), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, SYK 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 30, 2026, with an expected dividend of $0.88.
- Touch rate (30d)
- 100%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.13in line with sector
Recovery engine
TL;DR over the most recent 20 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 100% | in line with sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.13 | in line with sector |
| Avg gap on ex-date | -0.06% | +0.27pp vs sector |
| Win rate at MOC exit | 50% | — |
| Median drawdown during hold | -2.78% | +1.62pp vs sector |
| Best / worst touch (days) | 1 / 14 | — |
Next ex-dividend
Confirmed by company declaration.
| Dividend | $0.88 |
| Per-event yield | 0.27% |
| Annualized yield | 1.13% |
| Previously paid | Mar 31, 2026 ($0.88) |
| Last record date | Mar 31, 2026 |
| Last payment date | Apr 30, 2026 |
SYK 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 Stryker (SYK). 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 | $0.88 | 0.28% | $326.10 | 1 | yes | yes | -2.08% | +4.54% | |
| Q4 | $0.88 | -0.07% | $354.17 | 1 | yes | yes | -2.69% | +3.93% | |
| Q3 | $0.84 | -0.19% | $369.88 | 1 | yes | yes | -4.66% | +0.05% | |
| Q2 | $0.84 | 0.06% | $393.55 | 1 | yes | yes | -1.91% | -0.82% | |
| Q1 | $0.84 | -0.81% | $364.50 | 1 | yes | yes | -9.70% | -5.03% | |
| Q4 | $0.84 | -0.10% | $362.26 | 1 | yes | yes | -2.87% | +0.74% | |
| Q3 | $0.80 | -0.43% | $360.27 | 1 | yes | yes | -4.53% | -3.98% | |
| Q2 | $0.80 | 0.14% | $340.54 | 1 | yes | yes | -3.04% | -1.65% | |
| Q1 | $0.80 | 0.46% | $350.38 | 1 | yes | yes | -1.31% | -0.63% | |
| Q4 | $0.80 | -0.58% | $299.01 | 1 | yes | yes | -2.20% | -0.96% | |
| Q3 | $0.75 | 0.00% | $266.54 | 1 | yes | yes | -4.41% | -0.37% | |
| Q2 | $0.75 | -0.27% | $300.28 | 1 | yes | yes | -2.58% | -1.75% | |
| Q1 | $0.75 | 0.51% | $279.03 | 1 | yes | yes | -0.11% | +3.37% | |
| Q4 | $0.75 | 0.48% | $241.66 | 1 | yes | yes | 0.00% | +6.35% | |
| Q3 | $0.69 | -0.60% | $205.82 | 1 | yes | yes | -2.15% | +3.06% | |
| Q2 | $0.69 | 0.46% | $197.80 | 1 | yes | yes | -3.27% | +2.32% | |
| Q1 | $0.69 | -0.76% | $272.97 | 14 | no | yes | -5.62% | -1.49% | |
| Q4 | $0.69 | -0.08% | $271.11 | 1 | yes | yes | -4.77% | +0.40% | |
| Q3 | $0.63 | 0.05% | $267.83 | 1 | yes | yes | -3.94% | -1.30% | |
| Q2 | $0.63 | 0.22% | $260.36 | 1 | yes | yes | -0.71% | +2.15% |
- +4.54%
- +3.93%
- +0.05%
- -0.82%
- -5.03%
- +0.74%
- -3.98%
- -1.65%
- -0.63%
- -0.96%
- -0.37%
- -1.75%
- +3.37%
- +6.35%
- +3.06%
- +2.32%
- -1.49%
- +0.40%
- -1.30%
- +2.15%
SYK 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 window | Distribution | Count | Share |
|---|---|---|---|
| ≤ 1 day | 19 | 95% | |
| 2–3 days | 0 | 0% | |
| 4–5 days | 0 | 0% | |
| 6–10 days | 0 | 0% | |
| 11–30 days | 1 | 5% | |
| 30+ | 0 | 0% |
SYK Dividend Capture Calculator — After-Tax Yield
Pre-filled with SYK'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.
- Gross dividend
- $176.00
- After-tax dividend
- $114.40
- Slippage round-trip
- -$65.22
- Net if price returns to pre-ex
- +$49.18
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.08%
- Annual if all succeed
- ~3.8%
SYK Dividend Capture Backtest Simulator
Replay every historical SYK 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.
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 · SYK (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 |
|---|---|
| +0.24% | |
| +0.24% | |
| +0.26% | |
| -1.49% | |
| +0.35% | |
| +0.34% | |
| +0.31% | |
| +0.27% | |
| +0.25% | |
| +0.28% | |
| +0.27% | |
| +0.23% | |
| +0.23% | |
| +0.22% | |
| +0.23% | |
| +0.23% | |
| +0.21% | |
| +0.23% | |
| +0.25% | |
| +0.27% |
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.