Textron (TXT) Dividend Capture: 0.02% per event (0.1% annualized)
TXT
Textron (TXT) has touched its pre-ex close within 30 trading days in 95% 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 0.01), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, TXT 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 12, 2026, with an expected dividend of $0.02.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.01-0.17 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.01-0.17 vs sector
- Avg gap on ex-date
- -0.07%+0.28pp vs sector
- Win rate at MOC exit
- 55%
- Median drawdown during hold
- -2.38%+1.59pp vs sector
- Best / worst touch (days)
- 1 / 2
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.02
- Per-event yield
- 0.02%
- Annualized yield
- 0.09%
- Previously paid
- Mar 13, 2026 ($0.02)
- Last record date
- Mar 13, 2026
- Last payment date
- Apr 1, 2026
How TXT 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#42of 87
Beats ~52% of peers on this metric
- Median days to touch#1of 87
Beats ~99% of peers on this metric
- Signal-to-noise#86of 87
Beats ~1% of peers on this metric
TXT 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 Textron (TXT). 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 | $0.02 | 0.73% | $91.54 | 1 | yes | yes | -4.58% | -3.00% | |
| Q4 | $0.02 | -0.22% | $86.85 | 1 | yes | yes | -1.42% | +3.03% | |
| Q3 | $0.02 | -0.21% | $82.24 | 1 | yes | yes | -1.23% | +1.70% | |
| Q2 | $0.02 | -0.28% | $77.80 | 1 | yes | yes | -1.97% | -0.36% | |
| Q1 | $0.02 | 1.51% | $71.99 | 1 | yes | yes | 0.65% | +1.54% | |
| Q4 | $0.02 | -0.17% | $81.09 | 1 | yes | yes | -7.07% | -5.20% | |
| Q3 | $0.02 | 0.28% | $86.95 | 1 | yes | yes | -2.27% | +1.13% | |
| Q2 | $0.02 | -0.97% | $85.98 | 2 | yes | yes | -2.17% | +1.77% | |
| Q1 | $0.02 | -0.05% | $92.20 | 1 | yes | yes | -0.61% | +3.50% | |
| Q4 | $0.02 | 0.53% | $78.78 | 1 | yes | yes | -0.38% | +1.66% | |
| Q3 | $0.02 | 0.32% | $75.63 | 1 | yes | yes | -0.90% | +3.05% | |
| Q2 | $0.02 | -0.32% | $65.69 | 1 | yes | yes | -1.39% | +1.16% | |
| Q1 | $0.02 | 0.60% | $73.08 | 1 | yes | yes | -10.82% | -7.66% | |
| Q4 | $0.02 | 0.62% | $72.57 | 1 | yes | yes | -5.35% | -3.89% | |
| Q3 | $0.02 | -0.81% | $64.01 | 1 | yes | yes | -3.87% | +0.12% | |
| Q2 | $0.02 | -0.34% | $67.85 | >30 | no | no | -15.83% | -14.59% | |
| Q1 | $0.02 | -2.13% | $70.03 | 2 | yes | yes | -2.50% | +7.31% | |
| Q4 | $0.02 | -0.84% | $75.10 | 1 | yes | yes | -5.54% | -0.59% | |
| Q3 | $0.02 | -0.56% | $71.20 | 1 | yes | yes | -6.74% | -3.58% | |
| Q2 | $0.02 | 0.93% | $69.06 | 1 | yes | yes | -7.76% | -4.97% |
Q1
- Dividend
- $0.02
- Gap %
- 0.73%
- Pre-ex close
- $91.54
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.58%
- P&L 5d %
- -3.00%
Q4
- Dividend
- $0.02
- Gap %
- -0.22%
- Pre-ex close
- $86.85
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.42%
- P&L 5d %
- +3.03%
Q3
- Dividend
- $0.02
- Gap %
- -0.21%
- Pre-ex close
- $82.24
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.23%
- P&L 5d %
- +1.70%
Q2
- Dividend
- $0.02
- Gap %
- -0.28%
- Pre-ex close
- $77.80
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.97%
- P&L 5d %
- -0.36%
Q1
- Dividend
- $0.02
- Gap %
- 1.51%
- Pre-ex close
- $71.99
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- 0.65%
- P&L 5d %
- +1.54%
Q4
- Dividend
- $0.02
- Gap %
- -0.17%
- Pre-ex close
- $81.09
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.07%
- P&L 5d %
- -5.20%
Q3
- Dividend
- $0.02
- Gap %
- 0.28%
- Pre-ex close
- $86.95
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.27%
- P&L 5d %
- +1.13%
Q2
- Dividend
- $0.02
- Gap %
- -0.97%
- Pre-ex close
- $85.98
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.17%
- P&L 5d %
- +1.77%
Q1
- Dividend
- $0.02
- Gap %
- -0.05%
- Pre-ex close
- $92.20
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.61%
- P&L 5d %
- +3.50%
Q4
- Dividend
- $0.02
- Gap %
- 0.53%
- Pre-ex close
- $78.78
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.38%
- P&L 5d %
- +1.66%
Q3
- Dividend
- $0.02
- Gap %
- 0.32%
- Pre-ex close
- $75.63
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.90%
- P&L 5d %
- +3.05%
Q2
- Dividend
- $0.02
- Gap %
- -0.32%
- Pre-ex close
- $65.69
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.39%
- P&L 5d %
- +1.16%
Q1
- Dividend
- $0.02
- Gap %
- 0.60%
- Pre-ex close
- $73.08
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -10.82%
- P&L 5d %
- -7.66%
Q4
- Dividend
- $0.02
- Gap %
- 0.62%
- Pre-ex close
- $72.57
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.35%
- P&L 5d %
- -3.89%
Q3
- Dividend
- $0.02
- Gap %
- -0.81%
- Pre-ex close
- $64.01
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.87%
- P&L 5d %
- +0.12%
Q2
- Dividend
- $0.02
- Gap %
- -0.34%
- Pre-ex close
- $67.85
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -15.83%
- P&L 5d %
- -14.59%
Q1
- Dividend
- $0.02
- Gap %
- -2.13%
- Pre-ex close
- $70.03
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.50%
- P&L 5d %
- +7.31%
Q4
- Dividend
- $0.02
- Gap %
- -0.84%
- Pre-ex close
- $75.10
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.54%
- P&L 5d %
- -0.59%
Q3
- Dividend
- $0.02
- Gap %
- -0.56%
- Pre-ex close
- $71.20
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.74%
- P&L 5d %
- -3.58%
Q2
- Dividend
- $0.02
- Gap %
- 0.93%
- Pre-ex close
- $69.06
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -7.76%
- P&L 5d %
- -4.97%
TXT Pre-Ex Touch Time Distribution
- ≤ 1 day1785%
- 2–3 days210%
- 4–5 days00%
- 6–10 days00%
- 11–30 days00%
- 30+15%
85% within 1d · 95% within 5d · 95% within 30d
TXT Dividend Capture Calculator — After-Tax Yield
Pre-filled with TXT'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
- $4.00
- After-tax dividend
- $2.60
- Slippage round-trip
- -$18.31
- Net if price returns to pre-ex
- $-15.71
- Required recovery to break even
- 0.09%
- Per-event after-tax yield
- -0.09%
- Annual if all succeed
- ~-4.3%
TXT Dividend Capture Backtest Simulator
Replay every historical TXT 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 · TXT (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 |
|---|---|
| +0.03% | |
| +0.03% | |
| +0.03% | |
| +0.03% | |
| -14.59% | |
| +0.03% | |
| +0.03% | |
| +0.03% | |
| +0.03% | |
| +0.03% | |
| +0.03% | |
| +0.02% | |
| +0.02% | |
| +0.02% | |
| +0.02% | |
| +0.03% | |
| +0.03% | |
| +0.02% | |
| +0.02% | |
| +0.02% |
Looking for full price seasonality? See TXT seasonality →
Frequently asked questions
What is the dividend capture success rate for TXT?
Across the last 20 ex-dividend events for Textron (TXT), the post-ex intraday high reached the pre-ex close within 30 trading days in 95% 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 TXT to recover its dividend gap?
Historically, TXT touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 2 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 TXT large enough to capture?
TXT has a signal-to-noise ratio of 0.01 (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 TXT?
The next ex-dividend date for Textron (TXT) is Jun 12, 2026, confirmed (declared by the company).
How does TXT compare to its sector for dividend capture?
Within Industrials, the median 30-day pre-ex touch rate is 95%. TXT sits at 95% — at or below the sector benchmark.
Why does TXT 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.