Bristol-Myers Squibb (BMY) Dividend: History, Dates & Yield - 2024
Dividend History
Bristol-Myers Squibb announced a quarterly dividend of $0.62 per ordinary share, payable on 2025-02-03, with an ex-dividend date of 2025-01-03. Bristol-Myers Squibb typically pays dividends four times a yearFor 2025, the total annual dividend was $0.62, compared to $2.40 in 2024.
Find details on Bristol-Myers Squibb's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-03 | $0.62 | quarterly | 2025-02-03 |
2024-10-04 | $0.60 | quarterly | 2024-11-01 |
2024-07-05 | $0.60 | quarterly | 2024-08-01 |
2024-04-04 | $0.60 | quarterly | 2024-05-01 |
2024-01-04 | $0.60 | quarterly | 2024-02-01 |
2023-10-05 | $0.57 | quarterly | 2023-11-01 |
2023-07-06 | $0.57 | quarterly | 2023-08-01 |
2023-04-06 | $0.57 | quarterly | 2023-05-01 |
2023-01-05 | $0.57 | quarterly | 2023-02-01 |
2022-10-06 | $0.54 | quarterly | 2022-11-01 |
Dividend Increase
Bristol-Myers Squibb's dividend growth over the last five years (2020-2024) was 12.32% per year, while over the last ten years (2015-2024), it was 8.28% per year. In comparison, AbbVie has seen an average growth rate of 7.72% over the past five years and Merck & Co's growth rate was 6.67%.
By comparing Bristol-Myers Squibb's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Bristol-Myers Squibb's current trailing twelve-month (TTM) dividend yield is 4.40%. Over the last 12 months, Bristol-Myers Squibb has maintained this yield, but how does it compare to similar stocks? For example, AbbVie offers a yield of 2.64%, while Merck & Co provides a yield of 3.13%. Comparing similar stocks can help investors assess Bristol-Myers Squibb's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Bristol-Myers Squibb (BMY) | 4.39% | $0.62 | $55.235 |
AbbVie (ABBV) | 2.64% | $6.2 | $176.74 |
Merck & Co (MRK) | 3.13% | $3.12 | $100.98 |
Dividend Yield Calculator
Interested in purchasing Bristol-Myers Squibb stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Bristol-Myers Squibb has a payout ratio of -0.66%. In comparison, AbbVie has a payout ratio of 2.13%, while Merck & Co's payout ratio is 0.64%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Bristol-Myers Squibb
- Global presence Operates in over 100 countries worldwide
- Key segments Divisions include healthcare, consumer goods, and industrial
- Products/services Provides healthcare products, consumer goods, and industrial solutions
- Financial stability Consistently pays dividends to investors and has a strong financial performance
Frequently Asked Question
Other factors to consider when evaluating Bristol-Myers Squibb as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bristol-Myers Squibb's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bristol-Myers Squibb publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bristol-Myers Squibb distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bristol-Myers Squibb are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bristol-Myers Squibb sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bristol-Myers Squibb distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bristol-Myers Squibb declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bristol-Myers Squibb's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bristol-Myers Squibb's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.