{"slug":"how-annual-dividend-per-share-is-calculated","qid":"convergence","label":"Trailing four payments against the indicated rate, by quarter","post_title":"How Annual Dividend Per Share Is Calculated","post_url":"/blog/how-annual-dividend-per-share-is-calculated#q-convergence","columns":["ex_date","ex_date_label","trailing_4_payments","indicated_rate"],"rows":[{"ex_date":"2022-08-05","ex_date_label":"Aug 2022","trailing_4_payments":0.9,"indicated_rate":0.92},{"ex_date":"2022-11-04","ex_date_label":"Nov 2022","trailing_4_payments":0.91,"indicated_rate":0.92},{"ex_date":"2023-02-10","ex_date_label":"Feb 2023","trailing_4_payments":0.92,"indicated_rate":0.92},{"ex_date":"2023-05-12","ex_date_label":"May 2023","trailing_4_payments":0.93,"indicated_rate":0.96},{"ex_date":"2023-08-11","ex_date_label":"Aug 2023","trailing_4_payments":0.94,"indicated_rate":0.96},{"ex_date":"2023-11-10","ex_date_label":"Nov 2023","trailing_4_payments":0.95,"indicated_rate":0.96},{"ex_date":"2024-02-09","ex_date_label":"Feb 2024","trailing_4_payments":0.96,"indicated_rate":0.96},{"ex_date":"2024-05-10","ex_date_label":"May 2024","trailing_4_payments":0.97,"indicated_rate":1},{"ex_date":"2024-08-12","ex_date_label":"Aug 2024","trailing_4_payments":0.98,"indicated_rate":1},{"ex_date":"2024-11-08","ex_date_label":"Nov 2024","trailing_4_payments":0.99,"indicated_rate":1},{"ex_date":"2025-02-10","ex_date_label":"Feb 2025","trailing_4_payments":1,"indicated_rate":1},{"ex_date":"2025-05-12","ex_date_label":"May 2025","trailing_4_payments":1.01,"indicated_rate":1.04},{"ex_date":"2025-08-11","ex_date_label":"Aug 2025","trailing_4_payments":1.02,"indicated_rate":1.04},{"ex_date":"2025-11-10","ex_date_label":"Nov 2025","trailing_4_payments":1.03,"indicated_rate":1.04},{"ex_date":"2026-02-09","ex_date_label":"Feb 2026","trailing_4_payments":1.04,"indicated_rate":1.04},{"ex_date":"2026-05-11","ex_date_label":"May 2026","trailing_4_payments":1.05,"indicated_rate":1.08}],"shape":"series","sql":"SELECT\n    ex_date,\n    ex_date_label,\n    trailing_4_payments,\n    indicated_rate\nFROM\n(\n    SELECT\n        toString(ex_dividend_date)                 AS ex_date,\n        formatDateTime(ex_dividend_date, '%b %Y')  AS ex_date_label,\n        ex_dividend_date                           AS d,\n        round(4 * amt, 4)                          AS indicated_rate,\n        round(sum(amt) OVER (ORDER BY ex_dividend_date ROWS BETWEEN 3 PRECEDING AND CURRENT ROW), 4) AS trailing_4_payments\n    FROM\n    (\n        SELECT\n            ex_dividend_date,\n            max(toFloat64(cash_amount)) AS amt\n        FROM global_markets.stocks_dividends\n        WHERE ticker = 'AAPL'\n          AND ex_dividend_date >= '2021-07-01'\n          AND ex_dividend_date <  '2026-07-01'\n        GROUP BY ex_dividend_date\n    )\n)\nWHERE d >= '2022-07-01'\nORDER BY d","computed_at":"2026-08-14T15:02:47.706628+00:00","elapsed":0.002242096}