These 2 Stocks Just Declared Dividend Raises That Kick In Next Year. Should You Buy?
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Two pharmaceutical companies have announced dividend increases that will take effect next year. This is notable as the pharmaceutical industry often faces high costs in drug development, making steady dividends rare.
December 19, 2024 | 10:45 am
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Bristol-Myers Squibb (BMY) has announced a dividend increase effective next year, highlighting its financial stability despite the high costs associated with drug development.
BMY's decision to raise dividends indicates confidence in its financial health and ability to generate cash flow, which is positive for investors seeking income in a capital-intensive industry.
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