Bristol Myers Squibb Announces Dividend

Rhea-AI Summary

Bristol Myers Squibb (NYSE: BMY) has declared a quarterly dividend of $0.49 per share on its common stock, payable on August 2, 2021, with a record date of July 2, 2021. Additionally, a $0.50 dividend on its convertible preferred stock will be paid on September 1, 2021, to stockholders on record by August 10, 2021. The company continues its commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $0.49 per share enhances shareholder returns.
• Quarterly dividend of $0.50 on convertible preferred stock supports investor confidence.

Negative

• None.

Bristol Myers Squibb (NYSE: BMY) today announced that its Board of Directors has declared a quarterly dividend of forty-nine cents ($0.49) per share on the $.10 par value common stock of the company. The dividend is payable on August 2, 2021 to stockholders of record at the close of business on July 2, 2021.

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 September 1, 2021 to stockholders of record at the close of business on August 10, 2021.

About Bristol Myers Squibb

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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210617005848/en/

FAQ

What is the dividend amount declared by Bristol Myers Squibb in 2021?

Bristol Myers Squibb declared a quarterly dividend of $0.49 per share on common stock and $0.50 per share on convertible preferred stock in 2021.

When will the dividend be paid to shareholders of Bristol Myers Squibb?

The dividend on common stock will be paid on August 2, 2021, and the dividend on convertible preferred stock will be paid on September 1, 2021.

What are the record dates for the dividends declared by Bristol Myers Squibb?

The record date for the common stock dividend is July 2, 2021, and for the convertible preferred stock dividend, it is August 10, 2021.

How does the dividend payment impact Bristol Myers Squibb's shareholders?

The declared dividends are a positive indicator of Bristol Myers Squibb's commitment to returning value to its shareholders.