On 11 December, Bristol-Myers Squibb (BMY) increased its quarterly dividend by 3.33%, from 60¢ to 62¢ per share.
The dividend will be paid on 3 February 2025 to shareholders of record on 3 January 2025. The ex-dividend date is 3 January 2025.
BMY’s contribution to DivGro’s projected annual dividend income will increase by $24 to $744.
I own 300 shares of BMY at an average cost basis of $44.00 per share. Following this increase, my yield on cost is 5.64%. (BMY’s forward yield is 4.45% at $55.78 per share).
Since opening my position in June 2024, the stock has generated a total return of 30%, including $360 in dividend income. That’s a fantastic return over just six months of ownership!
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $1.80 | $1.96 | $2.16 | $2.28 | $2.40 | ⬆ | $2.48✝ |
| 9.76% | 8.89% | 10.20% | 5.56% | 5.26% | ⬇ | 3.33% |
| 5-year DGR: | 7.91% | ⬇ | 6.62% | |||
✝projected, assuming no further changes
