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Bristol Myers Squibb (NYSE: BMY) has declared a quarterly dividend of $0.57 per share, payable on February 1, 2023, to stockholders on record by January 6, 2023. This marks a 5.6% increase from last year’s dividend of $0.54 and continues a strong trend, being the 14th consecutive year of increases and the 91st year of dividend payments overall, which reflects the company's commitment to returning value to its shareholders. An additional dividend of $0.50 per share will be paid on preferred stock on March 1, 2023.
Positive
Quarterly dividend increased by 5.6% to $0.57 per share.
Fourteenth consecutive year of dividend increases.
Ninety-first consecutive year of dividend payments.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Bristol Myers Squibb (NYSE: BMY) today announced that its Board of Directors has declared a quarterly dividend of fifty-seven cents ($0.57) per share on the $.10 par value common stock of the company. The dividend is payable on February 1, 2023 to stockholders of record at the close of business on January 6, 2023.
This quarterly dividend represents a 5.6% increase over last year’s quarterly dividend rate of fifty-four cents ($0.54) per share. At this quarterly dividend rate, subject to the normal quarterly review by the Board of Directors, the annual dividend rate for the fiscal year 2023 is $2.28 per share. This marks the fourteenth consecutive fiscal year that the company has increased its dividend and the 91st consecutive year that the company has paid a dividend.
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 March 1, 2023 to stockholders of record at the close of business on January 31, 2023.
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, Twitter, YouTube, Facebook, and Instagram.
