Declared vs. still expected: this month in each of the last six years
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-09-16, from Dividend Increases Expected This Month.
| year | declared_in_month | not_declared_in_month | median_raise_pct |
|---|---|---|---|
| 2021 | 10 | 3 | 4.2 |
| 2022 | 12 | 1 | 8.2 |
| 2023 | 13 | 0 | 4.8 |
| 2024 | 13 | 0 | 4.2 |
| 2025 | 13 | 0 | 4 |
| 2026 | 3 | 10 | 2.2 |
- Rows × columns
- 6 × 4
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
year |
number | 2,021 to 2,026 | |
declared_in_month |
number | 3 to 13 | |
not_declared_in_month |
number | 0 to 10 | |
median_raise_pct |
number | 2.2 to 8.2 | percent |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
WITH changes AS
(
SELECT
ticker,
ex_dividend_date,
declaration_date,
amount,
prev_amount,
(prev_amount > 0 AND amount > prev_amount
AND declaration_date > toDate('2000-01-01')) AS is_raise,
(prev_amount > 0 AND amount < prev_amount) AS is_cut,
round((amount / prev_amount - 1) * 100, 1) AS raise_pct
FROM
(
SELECT
ticker,
ex_dividend_date,
declaration_date,
amount,
lagInFrame(amount, 1) OVER (PARTITION BY ticker ORDER BY ex_dividend_date
ROWS BETWEEN 1 PRECEDING AND CURRENT ROW) AS prev_amount
FROM
(
SELECT
ticker,
ex_dividend_date,
ifNull(max(declaration_date), toDate('1970-01-01')) AS declaration_date,
ifNull(max(toFloat64(cash_amount)), 0) AS amount
FROM global_markets.stocks_dividends
WHERE toString(frequency) = '4'
AND ex_dividend_date >= toDate('2020-01-01')
AND ticker NOT IN ('SPCX')
GROUP BY ticker, ex_dividend_date
)
)
),
qualifiers AS
(
SELECT ticker
FROM changes
GROUP BY ticker
HAVING uniqExactIf(toYear(declaration_date),
is_raise AND (toYear(declaration_date) BETWEEN toYear(today()) - 5 AND toYear(today()) - 1)) = 5
AND uniqExactIf(toYear(declaration_date),
is_raise AND (toYear(declaration_date) BETWEEN toYear(today()) - 5 AND toYear(today()) - 1)
AND toMonth(declaration_date) = toMonth(today())) >= 4
AND countIf(is_cut AND ex_dividend_date >= addYears(toStartOfYear(today()), -5)) = 0
)
SELECT
spine.year AS year,
ifNull(r.names_declared, 0) AS declared_in_month,
(SELECT count() FROM qualifiers) - ifNull(r.names_declared, 0) AS not_declared_in_month,
ifNull(r.median_raise_pct, 0) AS median_raise_pct
FROM
(
SELECT toUInt16(toYear(today()) - 5 + arrayJoin(range(6))) AS year
) AS spine
LEFT JOIN
(
SELECT
toUInt16(toYear(declaration_date)) AS year,
uniqExact(ticker) AS names_declared,
round(quantileExact(0.5)(raise_pct), 1) AS median_raise_pct
FROM changes
WHERE is_raise
AND toMonth(declaration_date) = toMonth(today())
AND ticker IN (SELECT ticker FROM qualifiers)
GROUP BY year
) AS r ON r.year = spine.year
ORDER BY year
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