Bristol Myers Squibb Announces Dividend

Rhea-AI Summary

Bristol Myers Squibb (NYSE: BMY) has declared a quarterly dividend of $0.60 per share on its $0.10 par value common stock, payable on August 1, 2024, to stockholders of record as of July 5, 2024.

The company also announced a quarterly dividend of $0.50 per share on its $2.00 convertible preferred stock, payable on September 3, 2024, to stockholders of record as of August 6, 2024.

Positive

• Quarterly dividend of $0.60 per share on common stock signals steady cash flow and shareholder value.
• Dividend of $0.50 per share on convertible preferred stock indicates financial stability and commitment to investor returns.

Negative

• No substantial new growth or business development updates were provided in the announcement.
• The announcement does not address any potential financial challenges or upcoming risks for the company.

PRINCETON, N.J.--(BUSINESS WIRE)-- Bristol Myers Squibb (NYSE: BMY) today announced that its Board of Directors has declared a quarterly dividend of sixty cents ($0.60) per share on the $0.10 par value common stock of the company. The dividend is payable on August 1, 2024, to stockholders of record at the close of business on July 5, 2024.

In addition, the Board of Directors has declared a quarterly dividend of fifty cents ($0.50) per share on the company’s $2.00 convertible preferred stock, payable on September 3, 2024, to stockholders of record at the close of business on August 6, 2024.

About Bristol Myers Squibb Company

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop, and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, X (formerly Twitter), YouTube, Facebook, and Instagram.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240618367820/en/

For more information, contact:



Media:

media@bms.com



Investors:

investor.relations@bms.com

Source: Bristol Myers Squibb

FAQ

What is the dividend amount for Bristol Myers Squibb common stock (BMY)?

The dividend amount for Bristol Myers Squibb common stock is $0.60 per share.

When will the common stock dividend be payable for BMY?

The common stock dividend will be payable on August 1, 2024.

What is the record date for the BMY common stock dividend?

The record date for the common stock dividend is July 5, 2024.

What is the dividend amount for Bristol Myers Squibb convertible preferred stock (BMY)?

The dividend amount for Bristol Myers Squibb convertible preferred stock is $0.50 per share.

When will the convertible preferred stock dividend be payable for BMY?

The convertible preferred stock dividend will be payable on September 3, 2024.

What is the record date for the BMY convertible preferred stock dividend?

The record date for the convertible preferred stock dividend is August 6, 2024.