{"slug":"preferred-stock-dividends-explained","qid":"declaration_wave","label":"Monthly count of dividend declarations across the market","post_title":"How Preferred Stock Dividends Work","post_url":"/blog/preferred-stock-dividends-explained#q-declaration_wave","columns":["month","month_label","declarations","quarterly_declarations"],"rows":[{"month":"2023-08-01","month_label":"Aug 2023","declarations":3194,"quarterly_declarations":1317},{"month":"2023-09-01","month_label":"Sep 2023","declarations":4835,"quarterly_declarations":2362},{"month":"2023-10-01","month_label":"Oct 2023","declarations":2262,"quarterly_declarations":636},{"month":"2023-11-01","month_label":"Nov 2023","declarations":3085,"quarterly_declarations":1313},{"month":"2023-12-01","month_label":"Dec 2023","declarations":5155,"quarterly_declarations":2237},{"month":"2024-01-01","month_label":"Jan 2024","declarations":1634,"quarterly_declarations":520},{"month":"2024-02-01","month_label":"Feb 2024","declarations":2737,"quarterly_declarations":1078},{"month":"2024-03-01","month_label":"Mar 2024","declarations":4893,"quarterly_declarations":2553},{"month":"2024-04-01","month_label":"Apr 2024","declarations":2801,"quarterly_declarations":617},{"month":"2024-05-01","month_label":"May 2024","declarations":3653,"quarterly_declarations":1174},{"month":"2024-06-01","month_label":"Jun 2024","declarations":4952,"quarterly_declarations":2479},{"month":"2024-07-01","month_label":"Jul 2024","declarations":2633,"quarterly_declarations":671},{"month":"2024-08-01","month_label":"Aug 2024","declarations":3320,"quarterly_declarations":1205},{"month":"2024-09-01","month_label":"Sep 2024","declarations":4936,"quarterly_declarations":2415},{"month":"2024-10-01","month_label":"Oct 2024","declarations":2571,"quarterly_declarations":657},{"month":"2024-11-01","month_label":"Nov 2024","declarations":3164,"quarterly_declarations":1164},{"month":"2024-12-01","month_label":"Dec 2024","declarations":6279,"quarterly_declarations":2698},{"month":"2025-01-01","month_label":"Jan 2025","declarations":1891,"quarterly_declarations":510},{"month":"2025-02-01","month_label":"Feb 2025","declarations":2918,"quarterly_declarations":946},{"month":"2025-03-01","month_label":"Mar 2025","declarations":4897,"quarterly_declarations":2523},{"month":"2025-04-01","month_label":"Apr 2025","declarations":3151,"quarterly_declarations":652},{"month":"2025-05-01","month_label":"May 2025","declarations":4105,"quarterly_declarations":1176},{"month":"2025-06-01","month_label":"Jun 2025","declarations":5638,"quarterly_declarations":2640},{"month":"2025-07-01","month_label":"Jul 2025","declarations":3033,"quarterly_declarations":655},{"month":"2025-08-01","month_label":"Aug 2025","declarations":3660,"quarterly_declarations":1140},{"month":"2025-09-01","month_label":"Sep 2025","declarations":4941,"quarterly_declarations":2372},{"month":"2025-10-01","month_label":"Oct 2025","declarations":3203,"quarterly_declarations":674},{"month":"2025-11-01","month_label":"Nov 2025","declarations":3687,"quarterly_declarations":1059},{"month":"2025-12-01","month_label":"Dec 2025","declarations":7413,"quarterly_declarations":2745},{"month":"2026-01-01","month_label":"Jan 2026","declarations":2541,"quarterly_declarations":502},{"month":"2026-02-01","month_label":"Feb 2026","declarations":3534,"quarterly_declarations":897},{"month":"2026-03-01","month_label":"Mar 2026","declarations":6668,"quarterly_declarations":2836},{"month":"2026-04-01","month_label":"Apr 2026","declarations":3873,"quarterly_declarations":622},{"month":"2026-05-01","month_label":"May 2026","declarations":4734,"quarterly_declarations":1089},{"month":"2026-06-01","month_label":"Jun 2026","declarations":6582,"quarterly_declarations":2770},{"month":"2026-07-01","month_label":"Jul 2026","declarations":3818,"quarterly_declarations":670}],"shape":"series","sql":"SELECT\n    toString(toStartOfMonth(ex_dividend_date))                AS month,\n    formatDateTime(toStartOfMonth(ex_dividend_date), '%b %Y') AS month_label,\n    count()                                                   AS declarations,\n    countIf(frequency = 4)                                    AS quarterly_declarations\nFROM\n(\n    SELECT\n        ticker,\n        ex_dividend_date,\n        any(ifNull(frequency, 0)) AS frequency\n    FROM global_markets.stocks_dividends\n    WHERE ex_dividend_date >= toStartOfMonth(today() - 1095)\n      AND ex_dividend_date <  toStartOfMonth(today())\n    GROUP BY ticker, ex_dividend_date\n)\nGROUP BY month, month_label\nORDER BY month","computed_at":"2026-08-22T04:18:20.916150+00:00","elapsed":0.346837186}