Tennant (TNC) has touched its pre-ex close within 30 trading days in 100% of the last 19 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 ex-dividend date is estimated at Aug 28, 2026 (±0 days), based on the historical pattern; the company has not yet declared a dividend.
- 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 19 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 100% | +5pp vs sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.14 | in line with sector |
| Avg gap on ex-date | -0.06% | +0.30pp vs sector |
| Win rate at MOC exit | 50% | — |
| Median drawdown during hold | -3.54% | +0.49pp vs sector |
| Best / worst touch (days) | 1 / 9 | — |
Next ex-dividend
Estimated from historical pattern ±0 days.
| Dividend | $0.31 |
| Per-event yield | 0.50% |
| Annualized yield | 1.42% |
| Previously paid | Feb 27, 2026 ($0.31) |
| Last record date | Feb 27, 2026 |
| Last payment date | Mar 16, 2026 |
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% |
- -0.91%
- +1.41%
- -0.50%
- +0.56%
- +2.11%
- -2.51%
- -6.41%
- -2.63%
- -4.96%
- -0.75%
- -3.39%
- +4.07%
- -2.38%
- +3.02%
- -3.27%
- +3.45%
- +3.15%
- +3.76%
- +1.74%
- +0.94%
TNC 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 | 15 | 75% | |
| 2–3 days | 2 | 10% | |
| 4–5 days | 2 | 10% | |
| 6–10 days | 1 | 5% | |
| 11–30 days | 0 | 0% | |
| 30+ | 0 | 0% |
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.
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
- $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, 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 · 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% |
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.