Bristol Myers Squibb Announces Dividend

Rhea-AI Summary

Bristol Myers Squibb (NYSE: BMY) has declared a quarterly dividend of $0.57 per share on its common stock, payable on May 1, 2023, to shareholders of record by April 10, 2023. Additionally, a dividend of $0.50 per share on its $2.00 convertible preferred stock is set for June 1, 2023, payable to stockholders by May 2, 2023. This reflects the company's commitment to returning value to its shareholders while pursuing its mission to develop innovative medicines for serious diseases.

Positive

• Quarterly dividend of $0.57 per share on common stock.
• Quarterly dividend of $0.50 per share on convertible preferred stock.
• Confidence in sustaining dividends suggests strong financial health.

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 May 1, 2023, to stockholders of record at the close of business on April 10, 2023.

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 June 1, 2023, to stockholders of record at the close of business on May 2, 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230303005343/en/

Media:

media@bms.com

Investors:

investor.relations@bms.com

Source: Bristol Myers Squibb

FAQ

What is the dividend amount declared by BMY?

Bristol Myers Squibb declared a dividend of $0.57 per share on common stock.

When is the BMY dividend payable?

The dividend is payable on May 1, 2023.

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

The record date is April 10, 2023.

What is the dividend for BMY's convertible preferred stock?

The dividend for convertible preferred stock is $0.50 per share.

When is the preferred stock dividend payable?

The preferred stock dividend is payable on June 1, 2023.

What is the record date for BMY's preferred stock dividend?

The record date for the preferred stock dividend is May 2, 2023.