Does Bristol-Myers Squibb pay a dividend?
Bristol-Myers Squibb (NYSE:BMY) Dividend Information. Bristol-Myers Squibb pays an annual dividend of $1.96 per share, with a dividend yield of 3.02%. BMY's next quarterly dividend payment will be made to shareholders of record on Monday, February 1.
What is the BMY dividend yield?
Bristol-Myers Squibb (NYSE:BMY) Dividend Information BMY Dividend Date 8/2/2021 BMY Annual Dividend $1.96 BMY Dividend Yield 2.90% BMY Three Year Dividend Growth 46.79% BMY Payout Ratio 30.43% (Trailing 12 Months of Earnings) ... 3 more rows ...
What does Bristol-Myers Squibb do?
Bristol-Myers Squibb is a global producer and distributor of pharmaceuticals and other healthcare-related products. The merger of Bristol-Myers with Squibb in 1989 created what was then the world’s second-largest pharmaceutical enterprise.
Why were Bristol-Myers shares flat in the extended session Thursday?
Shares of Bristol-Myers were flat in the extended session Thursday after ending the regular trading day up 1%. Sony Group Corp. announced a new electric-vehicle unit, Sony Mobility Inc., and unveiled a prototype of its latest concept car on Tuesday night at CES 2022.
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How much does Bristol Myers pay in dividends?
How much is Bristol Myers dividend? BMY pays a dividend of $0.54 per share. BMY's annual dividend yield is 2.58%.
Does BMS pay a dividend?
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.4. Our premium tools have predicted Bristol-Myers Squibb Co.
Does UVV pay monthly dividends?
Schedule monthly income from dividend stocks with a monthly payment frequency.
Does MTZ pay a dividend?
MTZ MasTec, Inc. MTZ does not currently pay a dividend.
How many years has BMY increased its dividend?
thirteenth consecutive fiscalThis marks the thirteenth consecutive fiscal year that Bristol Myers Squibb increased its dividend payouts.
Is BMS a good buy?
Valuation metrics show that Bristol Myers Squibb Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of BMY, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
What stock pays the highest monthly dividend?
Top monthly dividend stocks for 2022Monthly Dividend StockTicker SymbolDividend YieldLTC Properties(NYSE:LTC)6.3%Pembina Pipeline(NYSE:PBA)7.9%Realty Income(NYSE:O)4.3%SL Green(NYSE:SLG)5.2%4 more rows
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)Lumen Technologies Inc. (LUMN)More items...•
How often does UVV Pay dividends?
Dividend History for Universal Corp. (UVV)Ex-Div. DateAmountPay. Date1/8/2021$0.772/1/20217/10/2020$0.778/3/20204/9/2020$0.765/4/202010/4/2019$0.7611/4/201934 more rows
What is Bristol-Myers Squibb's dividend yield?
The current dividend yield for Bristol-Myers Squibb (NYSE:BMY) is 2.88%. Learn more on BMY's dividend yield history.
How much is Bristol-Myers Squibb's annual dividend?
The annual dividend for Bristol-Myers Squibb (NYSE:BMY) is $2.16. Learn more on BMY's annual dividend history.
How often does Bristol-Myers Squibb pay dividends?
Bristol-Myers Squibb (NYSE:BMY) pays quarterly dividends to shareholders.
When was Bristol-Myers Squibb's most recent dividend payment?
Bristol-Myers Squibb's most recent quarterly dividend payment of $0.54 per share was made to shareholders on Monday, May 2, 2022.
Is Bristol-Myers Squibb's dividend growing?
Over the past three years, Bristol-Myers Squibb's dividend has grown by an average of 7.68% per year.
What track record does Bristol-Myers Squibb have of raising its dividend?
Bristol-Myers Squibb (NYSE:BMY) has increased its dividend for the past 16 consecutive years.
When did Bristol-Myers Squibb last increase or decrease its dividend?
The most recent change in Bristol-Myers Squibb's dividend was an increase of $0.05 on Monday, December 13, 2021.
What is Bristol-Myers Squibb's dividend payout ratio?
The dividend payout ratio for BMY is: 76.60% based on the trailing year of earnings 28.61% based on this year's estimates 26.44% based on next y...
What is dividend reliability?
Dividend Reliability. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Is a high dividend yield risky?
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. Dividend Reliability.
Bristol-Myers Squibb's Distributions May Be Difficult To Sustain
If the payments aren't sustainable, a high yield for a few years won't matter that much. While Bristol-Myers Squibb is not profitable, it is paying out less than 75% of its free cash flow, which means that there is plenty left over for reinvestment into the business.
Bristol-Myers Squibb Has A Solid Track Record
The company has a sustained record of paying dividends with very little fluctuation. The first annual payment during the last 10 years was US$1.32 in 2012, and the most recent fiscal year payment was US$1.96. This works out to be a compound annual growth rate (CAGR) of approximately 4.0% a year over that time.
Dividend Growth Potential Is Shaky
Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. Unfortunately things aren't as good as they seem. Over the past five years, it looks as though Bristol-Myers Squibb's EPS has declined at around 48% a year.
In Summary
Overall, we always like to see the dividend being raised, but we don't think Bristol-Myers Squibb will make a great income stock. The company is generating plenty of cash, but we still think the dividend is a bit high for comfort. This company is not in the top tier of income providing stocks.
Referenced Symbols
Bristol-Myers Squibb Co. BMY, +2.60% late Thursday announced a 9.8% dividend increase, beginning in the first quarter of 2020. The dividend increase will bring the drug maker's quarterly dividend to 45 cents. The next quarterly dividend is payable Feb. 3 to stockholders of record on Jan. 3.
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About the Author
Claudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.