Zimmer Biomet Holdings (ZBH) 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 0.10), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, ZBH sits roughly in line with the Healthcare sector benchmark of 100%. 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 25, 2026, with an expected dividend of $0.24.
- Touch rate (30d)
- 100%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.10in line with sector
Recovery engine
TL;DR over the most recent 20 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 100% | in line with sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.10 | in line with sector |
| Avg gap on ex-date | -0.18% | +0.15pp vs sector |
| Win rate at MOC exit | 60% | — |
| Median drawdown during hold | -3.12% | +1.28pp vs sector |
| Best / worst touch (days) | 1 / 12 | — |
Next ex-dividend
Confirmed by company declaration.
| Dividend | $0.24 |
| Per-event yield | 0.27% |
| Annualized yield | 1.09% |
| Previously paid | Mar 31, 2026 ($0.24) |
| Last record date | Mar 31, 2026 |
| Last payment date | Apr 30, 2026 |
ZBH 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 Zimmer Biomet Holdings (ZBH). 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 | $0.24 | 0.55% | $88.62 | 1 | yes | yes | -1.14% | +5.22% | |
| Q4 | $0.24 | -0.39% | $90.53 | 1 | yes | yes | -3.57% | +2.63% | |
| Q3 | $0.24 | -0.34% | $98.28 | 1 | yes | yes | -4.34% | +1.04% | |
| Q2 | $0.24 | -0.13% | $92.79 | 1 | yes | yes | -2.36% | +1.21% | |
| Q1 | $0.24 | -0.79% | $112.26 | 1 | yes | yes | -11.89% | -6.40% | |
| Q4 | $0.24 | -0.77% | $106.87 | 12 | no | yes | -5.80% | -3.28% | |
| Q3 | $0.24 | 0.02% | $108.22 | 1 | yes | yes | -6.24% | -5.27% | |
| Q2 | $0.24 | -0.48% | $108.22 | 1 | yes | yes | -2.63% | -1.29% | |
| Q1 | $0.24 | 0.51% | $127.87 | 1 | yes | yes | -1.35% | -0.05% | |
| Q4 | $0.24 | -0.28% | $120.56 | 1 | yes | yes | -0.96% | +0.12% | |
| Q3 | $0.24 | 0.22% | $110.76 | 1 | yes | yes | -5.96% | -1.10% | |
| Q2 | $0.24 | -0.59% | $144.58 | 1 | yes | yes | -3.28% | +0.87% | |
| Q1 | $0.24 | -0.52% | $126.00 | 1 | yes | yes | -0.87% | +1.71% | |
| Q4 | $0.24 | -0.67% | $126.79 | 2 | yes | yes | -3.22% | +0.58% | |
| Q3 | $0.24 | -0.94% | $107.53 | 1 | yes | yes | -2.80% | +3.08% | |
| Q2 | $0.24 | 1.06% | $106.40 | 1 | yes | yes | -3.03% | +1.04% | |
| Q1 | $0.24 | 0.10% | $125.28 | 1 | yes | yes | -1.56% | +0.65% | |
| Q4 | $0.24 | 0.00% | $123.20 | 1 | yes | yes | -1.31% | +1.87% | |
| Q3 | $0.24 | -0.25% | $146.34 | 1 | yes | yes | -5.66% | -2.82% | |
| Q2 | $0.24 | 0.08% | $159.48 | 1 | yes | yes | -3.91% | -0.38% |
- +5.22%
- +2.63%
- +1.04%
- +1.21%
- -6.40%
- -3.28%
- -5.27%
- -1.29%
- -0.05%
- +0.12%
- -1.10%
- +0.87%
- +1.71%
- +0.58%
- +3.08%
- +1.04%
- +0.65%
- +1.87%
- -2.82%
- -0.38%
ZBH 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 | 18 | 90% | |
| 2–3 days | 1 | 5% | |
| 4–5 days | 0 | 0% | |
| 6–10 days | 0 | 0% | |
| 11–30 days | 1 | 5% | |
| 30+ | 0 | 0% |
ZBH Dividend Capture Calculator — After-Tax Yield
Pre-filled with ZBH'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
- $48.00
- After-tax dividend
- $31.20
- Slippage round-trip
- -$17.72
- Net if price returns to pre-ex
- +$13.48
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.08%
- Annual if all succeed
- ~3.8%
ZBH Dividend Capture Backtest Simulator
Replay every historical ZBH 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 · ZBH (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 |
|---|---|
| +0.15% | |
| +0.16% | |
| +0.19% | |
| +0.19% | |
| +0.23% | |
| +0.22% | |
| +0.19% | |
| +0.19% | |
| +0.17% | |
| +0.22% | |
| +0.20% | |
| +0.19% | |
| +0.22% | |
| +0.22% | |
| -3.28% | |
| +0.21% | |
| +0.26% | |
| +0.24% | |
| +0.27% | |
| +0.27% |
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.