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Bristol-Myers Squibb Co (WBO:BMYS) 3-Year Dividend Growth Rate : 7.90% (As of Sep. 2024)


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What is Bristol-Myers Squibb Co 3-Year Dividend Growth Rate?

Bristol-Myers Squibb Co's Dividends per Share for the three months ended in Sep. 2024 was €0.54.

The historical rank and industry rank for Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate or its related term are showing as below:

WBO:BMYS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.5   Med: 3.5   Max: 14.2
Current: 7.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bristol-Myers Squibb Co was 14.20% per year. The lowest was 0.50% per year. And the median was 3.50% per year.

WBO:BMYS's 3-Year Dividend Growth Rate is ranked worse than
58.31% of 307 companies
in the Drug Manufacturers industry
Industry Median: 11.5 vs WBO:BMYS: 7.90

During the past 12 months, Bristol-Myers Squibb Co's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Bristol-Myers Squibb Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.33. As of today, Bristol-Myers Squibb Co's Dividend Yield % is 4.07%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bristol-Myers Squibb Co is 2.05, which seems too high.

Warning Sign:

Bristol-Myers Squibb Co stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate

For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Bristol-Myers Squibb Co's 3-Year Dividend Growth Rate falls into.



Bristol-Myers Squibb Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Bristol-Myers Squibb Co  (WBO:BMYS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Bristol-Myers Squibb Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.541/ 1.622
=0.33

During the past 13 years, the highest Dividend Payout Ratio of Bristol-Myers Squibb Co was 2.08. The lowest was 0.27. And the median was 0.38.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bristol-Myers Squibb Co is 2.05, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Bristol-Myers Squibb Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6000002024-10-042024-10-042024-11-01Cash DividendquarterlyUSD:EUR 0.918000
USD 0.6000002024-07-052024-07-052024-08-01Cash DividendquarterlyUSD:EUR 0.922000
USD 0.6000002024-04-042024-04-052024-05-01Cash DividendquarterlyUSD:EUR 0.932000
USD 0.6000002024-01-042024-01-052024-02-01Cash DividendquarterlyUSD:EUR 0.918000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Bristol-Myers Squibb Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.214/54.63
=4.05 %

Current Share Price is €54.63.
Bristol-Myers Squibb Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.214.

During the past 13 years, the highest Dividend Yield of Bristol-Myers Squibb Co was 5.98%. The lowest was 1.99%. And the median was 2.88%.

Warning Sign:

Bristol-Myers Squibb Co stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bristol-Myers Squibb Co 3-Year Dividend Growth Rate Related Terms>


Bristol-Myers Squibb Co Business Description

Address
Route 206 and Province Line Road, Princeton, New Jersey, NJ, USA, 08543
Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the US, showing a higher dependence on the US market than most of its peer group.

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