Bristol Myers Squibb Rewards Shareholders; Shares Up 4.8%
- Date: 14-Dec-2021
- Source: Nasdaq
- Sector:Financial Markets
- Country:UAE
Bristol Myers Squibb Rewards Shareholders; Shares Up 4.8%
The Board of Directors of Bristol Myers Squibb (BMY) has approved an increment to the quarterly common dividend, and authorized a new share buyback program.
Following the news, shares of the American pharmaceutical company soared 4.8% to close at $59.05 on December 13.
On December 10, the Board approved a 10.2% increase in the quarterly common dividend to $0.54 per share. This increment makes the annual dividend for fiscal year 2022 to $2.16 per share with a dividend yield of 3.66%.
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