Bristol Myers Squibb Boosts Dividend By 5.3% From $0.57 To $0.60 Per Share
Portfolio Pulse from Benzinga Newsdesk
Bristol Myers Squibb has announced a 5.3% increase in its quarterly dividend, raising it from $0.57 to $0.60 per share, payable on February 1, 2024, to stockholders of record as of January 5, 2024.
December 06, 2023 | 9:19 pm
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Bristol Myers Squibb has increased its quarterly dividend by 5.3%, which may positively influence investor sentiment and potentially lead to a short-term uptick in its stock price.
Dividend increases are typically seen as a sign of a company's good financial health and confidence in its future earnings, which can attract income-focused investors and boost stock prices in the short term.
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