{"slug":"preferred-stock-dividends-explained","qid":"flat_payers","label":"Quarterly payers by how many different per-share amounts they paid","post_title":"How Preferred Stock Dividends Work","post_url":"/blog/preferred-stock-dividends-explained#q-flat_payers","columns":["amount_pattern","securities","declarations"],"rows":[{"amount_pattern":"Same amount every time","securities":787,"declarations":8935},{"amount_pattern":"2 different amounts","securities":431,"declarations":4822},{"amount_pattern":"3 different amounts","securities":435,"declarations":4903},{"amount_pattern":"4 to 5 different amounts","securities":817,"declarations":9514},{"amount_pattern":"6 or more different amounts","securities":1542,"declarations":17385}],"shape":"ranking","sql":"SELECT\n    multiIf(distinct_amounts = 1,  'Same amount every time',\n            distinct_amounts = 2,  '2 different amounts',\n            distinct_amounts = 3,  '3 different amounts',\n            distinct_amounts <= 5, '4 to 5 different amounts',\n                                   '6 or more different amounts') AS amount_pattern,\n    count()                                                       AS securities,\n    sum(payments)                                                 AS declarations\nFROM\n(\n    SELECT\n        ticker,\n        countDistinct(amount) AS distinct_amounts,\n        count()               AS payments\n    FROM\n    (\n        SELECT\n            ticker,\n            ex_dividend_date,\n            any(cash_amount) AS amount\n        FROM global_markets.stocks_dividends\n        WHERE frequency = 4\n          AND cash_amount > 0\n          AND ex_dividend_date >= today() - 1095\n          AND ex_dividend_date <= today()\n        GROUP BY ticker, ex_dividend_date\n    )\n    GROUP BY ticker\n    HAVING payments >= 8\n)\nGROUP BY amount_pattern\nORDER BY min(distinct_amounts)","computed_at":"2026-08-22T04:18:20.422613+00:00","elapsed":0.084933017}