Thomson Reuters (TRI) 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 0.27), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, TRI 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 3, 2026 (±7 days), based on the historical pattern; the company has not yet declared a dividend.
- Touch rate (30d)
- 90%-5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.27+0.09 vs sector
Recovery engine
TL;DR over the most recent 20 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 90% | -5pp vs sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.27 | +0.09 vs sector |
| Avg gap on ex-date | -0.40% | in line with sector |
| Win rate at MOC exit | 68% | — |
| Median drawdown during hold | -2.04% | +1.99pp vs sector |
| Best / worst touch (days) | 1 / 6 | — |
Next ex-dividend
Estimated from historical pattern ±7 days.
| Dividend | $0.66 |
| Per-event yield | 0.69% |
| Annualized yield | 4.62% |
| Previously paid | May 4, 2026 ($1.36) |
| Last record date | May 4, 2026 |
TRI 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 Thomson Reuters (TRI). 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 | $1.36 | 0.02% | $94.41 | 1 | yes | yes | -3.88% | — | |
| Q1 | $0.66 | -2.00% | $86.89 | 6 | no | yes | -8.26% | +4.44% | |
| Q4 | $0.59 | 0.81% | $137.14 | 1 | yes | yes | -4.40% | -2.06% | |
| Q3 | $0.59 | 0.21% | $172.94 | 1 | yes | yes | -0.25% | +1.59% | |
| Q2 | $0.59 | 0.18% | $185.10 | 1 | yes | yes | 0.14% | +5.22% | |
| Q1 | $0.59 | -0.41% | $172.60 | 1 | yes | yes | -0.41% | +2.57% | |
| Q4 | $0.54 | 0.17% | $160.74 | 1 | yes | yes | -0.73% | +1.49% | |
| Q3 | $0.54 | -0.05% | $165.76 | 1 | yes | yes | -1.63% | +0.33% | |
| Q2 | $0.54 | -0.12% | $167.83 | 1 | yes | yes | -0.61% | +3.18% | |
| Q1 | $0.54 | -0.80% | $160.29 | 1 | yes | yes | -2.76% | -1.37% | |
| Q4 | $0.49 | 0.04% | $133.82 | 1 | yes | yes | -0.71% | +3.83% | |
| Q3 | $0.49 | -0.49% | $131.36 | >30 | no | no | -4.24% | -2.50% | |
| Q2 | $4.67 | -3.34% | $135.55 | 3 | yes | yes | -4.29% | +3.00% | |
| Q2 | $0.49 | -0.12% | $129.46 | 1 | yes | yes | -2.22% | -1.02% | |
| Q1 | $0.49 | -0.28% | $126.72 | 1 | yes | yes | -2.00% | -0.65% | |
| Q4 | $0.45 | -0.12% | $114.84 | 1 | yes | yes | -0.39% | +4.72% | |
| Q3 | $0.45 | -0.94% | $121.19 | >30 | no | no | -6.12% | -2.64% | |
| Q2 | $0.45 | -0.74% | $100.17 | 2 | yes | yes | -2.07% | +4.75% | |
| Q1 | $0.45 | 0.21% | $102.98 | 1 | yes | yes | -3.35% | +5.05% | |
| Q4 | $0.41 | -0.20% | $125.60 | 2 | yes | yes | -1.90% | +0.96% |
- —
- +4.44%
- -2.06%
- +1.59%
- +5.22%
- +2.57%
- +1.49%
- +0.33%
- +3.18%
- -1.37%
- +3.83%
- -2.50%
- +3.00%
- -1.02%
- -0.65%
- +4.72%
- -2.64%
- +4.75%
- +5.05%
- +0.96%
TRI 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 | 14 | 70% | |
| 2–3 days | 3 | 15% | |
| 4–5 days | 0 | 0% | |
| 6–10 days | 1 | 5% | |
| 11–30 days | 0 | 0% | |
| 30+ | 2 | 10% |
TRI Dividend Capture Calculator — After-Tax Yield
Pre-filled with TRI'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
- $132.00
- After-tax dividend
- $85.80
- Slippage round-trip
- -$18.88
- Net if price returns to pre-ex
- +$66.92
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.35%
- Annual if all succeed
- ~17.9%
TRI Dividend Capture Backtest Simulator
Replay every historical TRI 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 · TRI (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 |
|---|---|
| +0.32% | |
| +0.43% | |
| +0.44% | |
| -2.64% | |
| +0.39% | |
| +0.39% | |
| +0.38% | |
| +3.45% | |
| -2.50% | |
| +0.37% | |
| +0.34% | |
| +0.32% | |
| +0.33% | |
| +0.34% | |
| +0.34% | |
| +0.32% | |
| +0.34% | |
| +0.43% | |
| +4.44% | |
| +1.44% |
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.