Leading pharma company Bristol-Myers Squibb Company (BMY) has 33 consecutive years of dividend payments and six consecutive years of dividend growth. The company paid a quarterly dividend of $0.57 per share on February 1, 2023, representing an increase of 5.6% over its previous quarterly dividend of $0.54 per share.
Its annual dividend of $2.28 per share translates to a 3.21% yield on the current market price, higher than its four-year dividend yield of 3.02%. The company’s dividend payouts have grown at a CAGR of 9.2% over the past three years and 6.9% over the past five years.
