Tennant (TNC) Dividend Capture: 0.50% per event (1.5% annualized)
TNC
Tennant (TNC) 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 0.14), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, TNC 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 29, 2026, with an expected dividend of $0.31.
- Touch rate (30d)
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.14in line with 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)
- 0.14in line with sector
- Avg gap on ex-date
- -0.03%+0.31pp vs sector
- Win rate at MOC exit
- 50%
- Median drawdown during hold
- -3.54%+0.43pp vs sector
- Best / worst touch (days)
- 1 / 9
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.31
- Per-event yield
- 0.50%
- Annualized yield
- 1.48%
- Previously paid
- Feb 27, 2026 ($0.31)
- Last record date
- Feb 27, 2026
- Last payment date
- Mar 16, 2026
How TNC 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.
- 30-day touch rate#1of 87
Beats ~99% of peers on this metric
- Median days to touch#1of 87
Beats ~99% of peers on this metric
- Signal-to-noise#55of 87
Beats ~37% of peers on this metric
TNC 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 Tennant (TNC). 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 | $0.31 | -1.20% | $62.33 | 3 | yes | yes | -3.45% | -0.91% | |
| Q4 | $0.31 | -0.11% | $73.77 | 1 | yes | yes | -3.24% | +1.41% | |
| Q3 | $0.29 | -0.16% | $82.98 | 5 | yes | yes | -4.27% | -0.50% | |
| Q2 | $0.29 | -0.60% | $74.54 | 1 | yes | yes | -3.56% | +0.56% | |
| Q1 | $0.29 | 0.35% | $85.03 | 1 | yes | yes | -4.60% | +2.11% | |
| Q4 | $0.29 | 0.62% | $88.29 | 1 | yes | yes | -5.37% | -2.51% | |
| Q3 | $0.28 | 0.00% | $97.25 | 1 | yes | yes | -9.51% | -6.41% | |
| Q2 | $0.28 | 0.32% | $101.96 | 1 | yes | yes | -5.36% | -2.63% | |
| Q1 | $0.28 | -0.08% | $114.64 | 1 | yes | yes | -6.09% | -4.96% | |
| Q4 | $0.28 | 0.54% | $86.51 | 1 | yes | yes | -1.76% | -0.75% | |
| Q3 | $0.27 | -0.32% | $82.35 | 1 | yes | yes | -6.98% | -3.39% | |
| Q2 | $0.27 | -0.36% | $75.24 | 4 | yes | yes | -3.51% | +4.07% | |
| Q1 | $0.27 | -0.92% | $71.52 | 1 | yes | yes | -10.65% | -2.38% | |
| Q4 | $0.27 | -0.35% | $62.46 | 1 | yes | yes | -2.34% | +3.02% | |
| Q3 | $0.25 | -0.35% | $62.67 | 9 | no | yes | -7.04% | -3.27% | |
| Q2 | $0.25 | 0.36% | $61.80 | 1 | yes | yes | -3.53% | +3.45% | |
| Q1 | $0.25 | 0.30% | $77.26 | 1 | yes | yes | 0.30% | +3.15% | |
| Q4 | $0.25 | 0.89% | $80.68 | 1 | yes | yes | -3.00% | +3.76% | |
| Q3 | $0.23 | -0.05% | $74.08 | 2 | yes | yes | -1.66% | +1.74% | |
| Q2 | $0.23 | 0.42% | $83.20 | 1 | yes | yes | -1.50% | +0.94% |
Q1
- Dividend
- $0.31
- Gap %
- -1.20%
- Pre-ex close
- $62.33
- High touch (td)
- 3
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.45%
- P&L 5d %
- -0.91%
Q4
- Dividend
- $0.31
- Gap %
- -0.11%
- Pre-ex close
- $73.77
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.24%
- P&L 5d %
- +1.41%
Q3
- Dividend
- $0.29
- Gap %
- -0.16%
- Pre-ex close
- $82.98
- High touch (td)
- 5
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.27%
- P&L 5d %
- -0.50%
Q2
- Dividend
- $0.29
- Gap %
- -0.60%
- Pre-ex close
- $74.54
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.56%
- P&L 5d %
- +0.56%
Q1
- Dividend
- $0.29
- Gap %
- 0.35%
- Pre-ex close
- $85.03
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.60%
- P&L 5d %
- +2.11%
Q4
- Dividend
- $0.29
- Gap %
- 0.62%
- Pre-ex close
- $88.29
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.37%
- P&L 5d %
- -2.51%
Q3
- Dividend
- $0.28
- Gap %
- 0.00%
- Pre-ex close
- $97.25
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -9.51%
- P&L 5d %
- -6.41%
Q2
- Dividend
- $0.28
- Gap %
- 0.32%
- Pre-ex close
- $101.96
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.36%
- P&L 5d %
- -2.63%
Q1
- Dividend
- $0.28
- Gap %
- -0.08%
- Pre-ex close
- $114.64
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.09%
- P&L 5d %
- -4.96%
Q4
- Dividend
- $0.28
- Gap %
- 0.54%
- Pre-ex close
- $86.51
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.76%
- P&L 5d %
- -0.75%
Q3
- Dividend
- $0.27
- Gap %
- -0.32%
- Pre-ex close
- $82.35
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.98%
- P&L 5d %
- -3.39%
Q2
- Dividend
- $0.27
- Gap %
- -0.36%
- Pre-ex close
- $75.24
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.51%
- P&L 5d %
- +4.07%
Q1
- Dividend
- $0.27
- Gap %
- -0.92%
- Pre-ex close
- $71.52
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -10.65%
- P&L 5d %
- -2.38%
Q4
- Dividend
- $0.27
- Gap %
- -0.35%
- Pre-ex close
- $62.46
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.34%
- P&L 5d %
- +3.02%
Q3
- Dividend
- $0.25
- Gap %
- -0.35%
- Pre-ex close
- $62.67
- High touch (td)
- 9
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -7.04%
- P&L 5d %
- -3.27%
Q2
- Dividend
- $0.25
- Gap %
- 0.36%
- Pre-ex close
- $61.80
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.53%
- P&L 5d %
- +3.45%
Q1
- Dividend
- $0.25
- Gap %
- 0.30%
- Pre-ex close
- $77.26
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.30%
- P&L 5d %
- +3.15%
Q4
- Dividend
- $0.25
- Gap %
- 0.89%
- Pre-ex close
- $80.68
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.00%
- P&L 5d %
- +3.76%
Q3
- Dividend
- $0.23
- Gap %
- -0.05%
- Pre-ex close
- $74.08
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.66%
- P&L 5d %
- +1.74%
Q2
- Dividend
- $0.23
- Gap %
- 0.42%
- Pre-ex close
- $83.20
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.50%
- P&L 5d %
- +0.94%
TNC Pre-Ex Touch Time Distribution
- ≤ 1 day1575%
- 2–3 days210%
- 4–5 days210%
- 6–10 days15%
- 11–30 days00%
- 30+00%
75% within 1d · 95% within 5d · 100% within 30d
TNC Dividend Capture Calculator — After-Tax Yield
Pre-filled with TNC'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
- $62.00
- After-tax dividend
- $40.30
- Slippage round-trip
- -$12.47
- Net if price returns to pre-ex
- +$27.83
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.22%
- Annual if all succeed
- ~11.3%
TNC Dividend Capture Backtest Simulator
Replay every historical TNC 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 · TNC (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 |
|---|---|
| +0.28% | |
| +0.31% | |
| +0.31% | |
| +0.32% | |
| +0.40% | |
| -3.27% | |
| +0.42% | |
| +0.37% | |
| +0.35% | |
| +0.32% | |
| +0.32% | |
| +0.24% | |
| +0.27% | |
| +0.29% | |
| +0.33% | |
| +0.35% | |
| +0.40% | |
| +0.36% | |
| +0.42% | |
| +0.50% |
Looking for full price seasonality? See TNC seasonality →
Frequently asked questions
What is the dividend capture success rate for TNC?
Across the last 20 ex-dividend events for Tennant (TNC), 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 TNC to recover its dividend gap?
Historically, TNC touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 9 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 TNC large enough to capture?
TNC has a signal-to-noise ratio of 0.14 (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 TNC?
The next ex-dividend date for Tennant (TNC) is May 29, 2026, confirmed (declared by the company).
How does TNC compare to its sector for dividend capture?
Within Industrials, the median 30-day pre-ex touch rate is 95%. TNC sits at 100% — above the sector benchmark.
Why does TNC 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.