Bristol Myers raises quarterly dividend 3.3% to 62c per share

Bristol Myers (BMY) Squibb announced that its Board of Directors has declared a quarterly dividend of 62c per share on the 10c par value common stock of the company. The dividend is payable on February 3, 2025, to stockholders of record at the close of business on January 3, 2025. This quarterly dividend represents a 3.3% increase over last year’s quarterly rate of 60c per share. At this quarterly dividend rate, subject to the normal quarterly review by the Board of Directors, the annual dividend rate for the fiscal year 2025 is $2.48 per share. This marks the 16th consecutive year that the company has increased its dividend and the 93rd consecutive year that the company has paid a dividend.