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Saturday, December 9, 2023

BMY Dividend Increase

Bristol-Myers ($BMY) announced its next dividend of $0.60 per share, a 5.26% increase over the company's previous payout of $0.57.
 
DivGro's projected annual dividend income will increase by $36.00 to $720.00.

The dividend will be paid on 1 February 2024 to shareholders of record at the close of business on 5 January 2024. The ex-dividend date is 4 January 2024.

I own 300 shares of MA at an average cost basis of $57.95 per share. Following this increase, my yield on cost is 4.14%. (BMY's forward yield is 4.77% at $50.31 per share). 

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