# Next dividend Chimera

**URL:** <https://community.trading212.com/t/next-dividend-chimera/7211>\
**Category:** 🤝 Help\
**Created:** [May 22, 2020, 3:28pm UTC](https://community.trading212.com/t/next-dividend-chimera/7211 "2020-05-22T15:28:05Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![BackToReal](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/backtoreal/32/2074_2.png) [@BackToReal](https://community.trading212.com/u/BackToReal)\
**Post date:** [May 22, 2020, 3:28pm UTC](https://community.trading212.com/t/next-dividend-chimera/7211/1 "2020-05-22T15:28:05Z")

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Hello

next dividend Chimera speak this

**The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.**

But I don’t quite understand the term. it’s the first time I’ve come across the following.

Do you mean that he will pay 8% from 0.50$ and the remaining 92% in shares?

If this is the case and we have some shares we have to do something else

There is a charge for this service .

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**Author:** ![Dao](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dao/32/20739_2.png) [@Dao](https://community.trading212.com/u/Dao)\
**Post date:** [May 22, 2020, 3:46pm UTC](https://community.trading212.com/t/next-dividend-chimera/7211/2 "2020-05-22T15:46:48Z")

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this should help clear things up a little.

> **[Cumulative Preferred Stock](https://www.investopedia.com/terms/c/cumulative_preferred_stock.asp)**
>
> Cumulative preferred stock refers to shares that have a provision stating that, if any dividends have been missed in the past, they must be paid out to preferred shareholders first.