Bristol Myers Squibb: A Leading Dividend Giant Worth Watching
BMY Makes ETF Channel’s Top 25 Dividend Giants List
Bristol Myers Squibb Co. (Symbol: BMY) has earned recognition as one of the Top 25 “Dividend Giants” by ETF Channel. This accolade highlights the company’s impressive $15.01 billion in stock held by ETFs, alongside robust “DividendRank” metrics, including a noteworthy yield of 4.23%, as detailed in the latest Dividend Channel “DividendRank” report. The report emphasizes Bristol Myers Squibb’s solid quarterly dividend history and encouraging long-term growth rates in essential financial metrics.
Robust Dividend Payments Reflect Company Reliability
Bristol Myers Squibb is currently paying an annualized dividend of $2.40 per share, distributed quarterly. The last ex-dividend date was on October 4, 2024. Understanding a company’s past dividend payments can be crucial for investors assessing the likelihood of future dividends being maintained. Below is a chart illustrating the long-term dividend history of BMY, which the report highlights as particularly important for evaluating its dividend sustainability.
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