TickerLeague

Trane Technologies (TT) Dividend Capture: 0.24% per event (0.8% annualized)

Updated May 6, 202620 eventshigh

Trane Technologies (TT) 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 0.16), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, TT 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 Jun 5, 2026, with an expected dividend of $1.05.

Touch rate (30d)
100%+5pp vs sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.16in 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
1d
in line with sector
Signal-to-noise (div / ATR)
0.16
in line with sector
Avg gap on ex-date
-0.07%
+0.28pp vs sector
Win rate at MOC exit
50%
Median drawdown during hold
-3.31%
+0.65pp vs sector
Best / worst touch (days)
1 / 7

Next ex-dividend

Confirmed by company declaration.

in 29 days
Dividend
$1.05
Per-event yield
0.24%
Annualized yield
0.83%
Previously paid
Mar 6, 2026 ($1.05)
Last record date
Mar 6, 2026
Last payment date
Mar 31, 2026

How TT 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.

Full sector ranking
  • 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
    #52of 87

    Beats ~40% of peers on this metric

TT 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 Trane Technologies (TT). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • Q1

    Dividend
    $1.05
    Gap %
    -2.29%
    Pre-ex close
    $436.36
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.14%
    P&L 5d %
    -2.96%
  • Q4

    Dividend
    $0.94
    Gap %
    -0.36%
    Pre-ex close
    $405.35
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.96%
    P&L 5d %
    -3.26%
  • Q3

    Dividend
    $0.94
    Gap %
    0.43%
    Pre-ex close
    $413.15
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.54%
    P&L 5d %
    -2.77%
  • Q2

    Dividend
    $0.94
    Gap %
    0.54%
    Pre-ex close
    $430.82
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.25%
    P&L 5d %
    -1.97%
  • Q1

    Dividend
    $0.94
    Gap %
    -0.32%
    Pre-ex close
    $341.73
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.47%
    P&L 5d %
    +2.05%
  • Q4

    Dividend
    $0.84
    Gap %
    0.15%
    Pre-ex close
    $415.06
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -9.59%
    P&L 5d %
    -3.58%
  • Q3

    Dividend
    $0.84
    Gap %
    0.88%
    Pre-ex close
    $342.91
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.10%
    P&L 5d %
    +6.46%
  • Q2

    Dividend
    $0.84
    Gap %
    -0.00%
    Pre-ex close
    $318.46
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.88%
    P&L 5d %
    +3.77%
  • Q1

    Dividend
    $0.84
    Gap %
    0.00%
    Pre-ex close
    $283.64
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.64%
    P&L 5d %
    +1.64%
  • Q4

    Dividend
    $0.75
    Gap %
    -0.58%
    Pre-ex close
    $222.63
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.63%
    P&L 5d %
    +4.25%
  • Q3

    Dividend
    $0.75
    Gap %
    0.01%
    Pre-ex close
    $205.93
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.38%
    P&L 5d %
    +0.37%
  • Q2

    Dividend
    $0.75
    Gap %
    -0.46%
    Pre-ex close
    $163.23
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.73%
    P&L 5d %
    +8.82%
  • Q1

    Dividend
    $0.75
    Gap %
    -0.75%
    Pre-ex close
    $185.66
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.99%
    P&L 5d %
    +2.25%
  • Q4

    Dividend
    $0.67
    Gap %
    0.34%
    Pre-ex close
    $178.42
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.88%
    P&L 5d %
    -0.33%
  • Q3

    Dividend
    $0.67
    Gap %
    -0.29%
    Pre-ex close
    $154.07
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.01%
    P&L 5d %
    +6.77%
  • Q2

    Dividend
    $0.67
    Gap %
    0.43%
    Pre-ex close
    $136.34
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -7.94%
    P&L 5d %
    -1.01%
  • Q1

    Dividend
    $0.67
    Gap %
    0.64%
    Pre-ex close
    $155.22
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -8.18%
    P&L 5d %
    -3.67%
  • Q4

    Dividend
    $0.59
    Gap %
    0.52%
    Pre-ex close
    $185.44
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    0.15%
    P&L 5d %
    +9.06%
  • Q3

    Dividend
    $0.59
    Gap %
    0.41%
    Pre-ex close
    $197.88
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -7.70%
    P&L 5d %
    -3.65%
  • Q2

    Dividend
    $0.59
    Gap %
    -0.71%
    Pre-ex close
    $185.11
    High touch (td)
    7
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -2.39%
    P&L 5d %
    -0.45%

TT Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 95% (19 events)
  • ≤ 1 day
    1890%
  • 2–3 days
    15%
  • 4–5 days
    00%
  • 6–10 days
    15%
  • 11–30 days
    00%
  • 30+
    00%

90% within 1d · 95% within 5d · 100% within 30d

TT Dividend Capture Calculator — After-Tax Yield

Pre-filled with TT's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.

Slippage preset

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.

Display
Gross dividend
$210.00
After-tax dividend
$136.50
Slippage round-trip
-$87.27

Net if price returns to pre-ex
+$49.23
Required recovery to break even
0.00%

Per-event after-tax yield
+0.06%
Annual if all succeed
~2.8%
Scenariosbase rate 100%
Best (limit fills)+$49.23
Average (base rate)+$49.23
Worst (no recovery)$160.77

Open in full calculator →

TT Dividend Capture Backtest Simulator

Replay every historical TT 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.

Limit window:Quarter:

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).

Avg P&L per trade(20 events)+0.28%
Win rate (20 trades)
95%
Cumulative P&L
i
+5.67%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+137.02%Span: Jun 3, 2021 → Mar 6, 2026 · long-horizon total return vs repeating capture cycles
Best event
+0.49%
Worst event
-0.45%

Cumulative P&L (equity curve)

Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.

+5.7%+0.0%-0.4%Jun 3, 2021 · cumulative -0.45% (sum of returns through this event)Sep 2, 2021 · cumulative -0.15% (sum of returns through this event)Dec 2, 2021 · cumulative +0.17% (sum of returns through this event)Mar 3, 2022 · cumulative +0.60% (sum of returns through this event)Jun 2, 2022 · cumulative +1.09% (sum of returns through this event)Sep 1, 2022 · cumulative +1.53% (sum of returns through this event)Dec 1, 2022 · cumulative +1.90% (sum of returns through this event)Mar 2, 2023 · cumulative +2.31% (sum of returns through this event)Jun 1, 2023 · cumulative +2.76% (sum of returns through this event)Aug 31, 2023 · cumulative +3.13% (sum of returns through this event)Nov 30, 2023 · cumulative +3.47% (sum of returns through this event)Feb 29, 2024 · cumulative +3.76% (sum of returns through this event)Jun 7, 2024 · cumulative +4.03% (sum of returns through this event)Sep 6, 2024 · cumulative +4.27% (sum of returns through this event)Dec 6, 2024 · cumulative +4.47% (sum of returns through this event)Mar 7, 2025 · cumulative +4.75% (sum of returns through this event)Jun 6, 2025 · cumulative +4.97% (sum of returns through this event)Sep 5, 2025 · cumulative +5.19% (sum of returns through this event)Dec 5, 2025 · cumulative +5.43% (sum of returns through this event)Mar 6, 2026 · cumulative +5.67% (sum of returns through this event)
Jun 3, 2021Mar 6, 2026

Per-event P&L distribution

20 trades in this sample · bar height ∝ count in each bucket (gross % per event).

 
<-3%
 
-3..-1%
1
-1..0%
 
0%
19
0..1%
 
1..3%
 
>3%

Scenario P&L by event · TT (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-dateP&L
-0.45%
+0.30%
+0.32%
+0.43%
+0.49%
+0.43%
+0.38%
+0.40%
+0.46%
+0.36%
+0.34%
+0.30%
+0.26%
+0.24%
+0.20%
+0.28%
+0.22%
+0.23%
+0.23%
+0.24%

Looking for full price seasonality? See TT seasonality →

Frequently asked questions

What is the dividend capture success rate for TT?

Across the last 20 ex-dividend events for Trane Technologies (TT), 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 TT to recover its dividend gap?

Historically, TT touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 7 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 TT large enough to capture?

TT has a signal-to-noise ratio of 0.16 (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 TT?

The next ex-dividend date for Trane Technologies (TT) is Jun 5, 2026, confirmed (declared by the company).

How does TT compare to its sector for dividend capture?

Within Industrials, the median 30-day pre-ex touch rate is 95%. TT sits at 100% — above the sector benchmark.

Why does TT 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.