Bristol-Myers Squibb Company
BMYHealthcare · Drug Manufacturers - General · Stock · quarterly payer
Forward Yield
4.03%
Annual Dividend
$2.52
Payout Ratio
56%
5-Yr Growth
6.2%
Ex-Date
Oct 2, 2026
Frequency
Quarterly
Key facts about BMY's dividend
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Bristol-Myers Squibb Company (BMY) has a forward dividend yield of 4.03%, based on an annual dividend of $2.52 per share and a share price of $62.48.
- As of Nov 2, 2026, BMY's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Bristol-Myers Squibb Company (BMY) has raised its dividend for 18 consecutive years as of Nov 2, 2026.
- BMY has never cut its regular dividend in the payment history SmarterDividends has on record.
- BMY's most recent ex-dividend date was Oct 2, 2026, for a dividend of $0.63 per share.
- As of Nov 2, 2026, BMY pays out 56% of its trailing 12-month earnings as dividends (its payout ratio).
- BMY's dividend has grown at an average rate of 6.2% a year over the past five years.
- As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for BMY is $60.06 per share, 4% below the $62.48 share price, so BMY screens as fairly valued.
- Bristol-Myers Squibb Company (BMY) pays its dividend quarterly, 4 times a year.
- Bristol-Myers Squibb Company (BMY) has raised its regular dividend 50 times and cut it 0 times across the 217 payments on record since 1972. Its most recent change was a 1.6% increase to $0.630 per share, going ex-dividend on Jan 2, 2026.
- Bristol-Myers Squibb (BMY) has declared its first higher dividend of the year in December in 4 of the last 5 years; its most recent raise, 1.6%, was declared on Dec 10, 2025.
Cite this page
SmarterDividends, "BMY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/BMY
Summary
As of Nov 2, 2026, Bristol-Myers Squibb Company (BMY) yields 4.03% ($2.52 a year per share), has a dividend safety grade of A (91/100) and has 18 consecutive years of dividend increases on record.
Is BMY a good dividend stock?
YesBristol-Myers Squibb Company (BMY) pays a quarterly dividend yielding 4.03% ($2.52/yr), with 18 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 18 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (56%)
- Strong 6.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 4.03%
- Payout Ratio
- 56%
- Annual Dividend
- $2.52
- 5-Yr Avg Growth
- 6.2%
- Ex-Dividend Date
- Oct 2, 2026
- Years of Growth
- 18
- Frequency
- quarterly
- Beta
- 0.18
- Market Cap
- $127.7B
- P/E Ratio
- 13.9
- 5-Yr Total Return
- 17%
- 52-Week Range
- $45.27 – $68.64
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
BMY dividend raises and cuts
Bristol-Myers Squibb Company (BMY) has raised its regular dividend 50 times and cut it 0 times across the 217 payments on record since 1972. Its most recent change was a 1.6% increase to $0.630 per share, going ex-dividend on Jan 2, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 2, 2026 | Raise | $0.620 → $0.630 | +1.6% |
| Jan 3, 2025 | Raise | $0.600 → $0.620 | +3.3% |
| Jan 4, 2024 | Raise | $0.570 → $0.600 | +5.3% |
| Jan 5, 2023 | Raise | $0.540 → $0.570 | +5.6% |
| Jan 6, 2022 | Raise | $0.490 → $0.540 | +10.2% |
| Dec 31, 2020 | Raise | $0.450 → $0.490 | +8.9% |
| Jan 2, 2020 | Raise | $0.410 → $0.450 | +9.8% |
| Jan 3, 2019 | Raise | $0.400 → $0.410 | +2.5% |
| Jan 4, 2018 | Raise | $0.390 → $0.400 | +2.6% |
| Jan 4, 2017 | Raise | $0.380 → $0.390 | +2.6% |
| Dec 30, 2015 | Raise | $0.370 → $0.380 | +2.7% |
| Dec 30, 2014 | Raise | $0.360 → $0.370 | +2.8% |
Show all 50 changes since 1973
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 31, 2013 | Raise | $0.350 → $0.360 | +2.9% |
| Jan 2, 2013 | Raise | $0.340 → $0.350 | +2.9% |
| Jan 4, 2012 | Raise | $0.330 → $0.340 | +3.0% |
| Jan 5, 2011 | Raise | $0.320 → $0.330 | +3.1% |
| Dec 30, 2009 | Raise | $0.310 → $0.320 | +3.2% |
| Jan 2, 2008 | Raise | $0.280 → $0.310 | +10.7% |
| Jan 2, 2002 | Raise | $0.275 → $0.280 | +1.8% |
| Oct 3, 2001 | Raise | $0.262 → $0.275 | +5.1% |
| Jan 3, 2001 | Raise | $0.233 → $0.262 | +12.2% |
| Jan 5, 2000 | Raise | $0.205 → $0.233 | +14.0% |
| Jun 30, 1999 | Raise | $0.205 → $0.206 | +0.5% |
| Jan 6, 1999 | Raise | $0.186 → $0.205 | +10.3% |
| Dec 30, 1997 | Raise | $0.181 → $0.186 | +2.6% |
| Dec 31, 1996 | Raise | $0.178 → $0.181 | +1.3% |
| Jan 3, 1996 | Raise | $0.176 → $0.178 | +1.4% |
| Dec 30, 1994 | Raise | $0.174 → $0.176 | +1.4% |
| Jan 3, 1994 | Raise | $0.171 → $0.174 | +1.4% |
| Jan 4, 1993 | Raise | $0.164 → $0.171 | +4.3% |
| Dec 27, 1991 | Raise | $0.143 → $0.164 | +15.0% |
| Dec 28, 1990 | Raise | $0.126 → $0.143 | +13.2% |
| Dec 29, 1989 | Raise | $0.119 → $0.126 | +6.0% |
| Dec 30, 1988 | Raise | $0.0999 → $0.119 | +19.0% |
| Jan 4, 1988 | Raise | $0.0833 → $0.0999 | +20.0% |
| Dec 26, 1986 | Raise | $0.0654 → $0.0833 | +27.3% |
| Jun 27, 1986 | Raise | $0.0559 → $0.0654 | +17.0% |
| Mar 29, 1985 | Raise | $0.0476 → $0.0559 | +17.5% |
| Apr 2, 1984 | Raise | $0.0357 → $0.0476 | +33.3% |
| Apr 4, 1983 | Raise | $0.0312 → $0.0357 | +14.3% |
| Apr 2, 1982 | Raise | $0.0274 → $0.0312 | +14.1% |
| Jul 6, 1981 | Raise | $0.0238 → $0.0274 | +15.0% |
| Mar 28, 1980 | Raise | $0.0214 → $0.0238 | +11.1% |
| Apr 2, 1979 | Raise | $0.0181 → $0.0214 | +18.0% |
| Mar 31, 1978 | Raise | $0.0164 → $0.0181 | +10.9% |
| Mar 30, 1977 | Raise | $0.0134 → $0.0164 | +22.2% |
| Dec 26, 1975 | Raise | $0.0119 → $0.0134 | +12.5% |
| Mar 31, 1975 | Raise | $0.0113 → $0.0119 | +5.3% |
| Mar 28, 1974 | Raise | $0.0098 → $0.0113 | +15.2% |
| Apr 30, 1973 | Raise | $0.0089 → $0.0098 | +10.0% |
Frequently Asked Questions
Is BMY a good dividend stock?
Yes. Bristol-Myers Squibb Company (BMY) pays a quarterly dividend yielding 4.03% ($2.52/yr), with 18 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is BMY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BMY's fair value is about $60.06 versus a $62.48 share price — so it looks fairly valued (-4% vs. fair value).
Is BMY's dividend safe?
BMY has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 18-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is BMY's fair value?
Our blended fair-value estimate for BMY is about $60.06 per share, about 4% below the current $62.48 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BMY a buy, hold, or sell?
We don't issue formal ratings, but on the data BMY screens as "yes" and fairly valued. Bristol-Myers Squibb Company (BMY) pays a quarterly dividend yielding 4.03% ($2.52/yr), with 18 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will BMY cut its dividend?
BMY earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BMY pay a dividend?
Yes. Bristol-Myers Squibb Company pays a quarterly dividend of about $2.52 per share annually, a forward yield of roughly 4.03%.
What is BMY's dividend yield?
As of Nov 2, 2026, BMY's forward dividend yield is 4.03%, based on a $2.52 annual dividend and a $62.48 share price.
What is BMY's dividend per share?
As of Nov 2, 2026, BMY pays $2.52 per share per year, distributed on a quarterly basis.
What is BMY's dividend payout ratio?
As of Nov 2, 2026, BMY's payout ratio is 56% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BMY grown its dividend?
As of Nov 2, 2026, BMY has increased its dividend for 18 consecutive years.
When is the next BMY ex-dividend date?
As of Nov 2, 2026, BMY's next ex-dividend date hasn't been announced. The most recent was Oct 2, 2026, for $0.63 per share.
BMY Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+27%
5 Years
+17%
52-Week Range
$45.27 – $68.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BMY worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Bristol-Myers Squibb Company is $60.06 per share, versus a market price of $62.48. That implies the stock is roughly fairly priced.
Fair Value
$60.06
Current Price
$62.48
Gap
-4%
Margin of Safety
-4%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.5% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $4.51 EPS, $2.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BMY Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full BMY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 2, 2026 | Nov 2, 2026 | $0.6300 | regular |
| Jul 2, 2026 | Aug 3, 2026 | $0.6300 | regular |
| Apr 2, 2026 | May 1, 2026 | $0.6300 | regular |
| Jan 2, 2026 | Feb 2, 2026 | $0.6300 | regular |
| Oct 3, 2025 | Nov 3, 2025 | $0.6200 | regular |
| Jul 3, 2025 | Aug 1, 2025 | $0.6200 | regular |
| Apr 4, 2025 | May 1, 2025 | $0.6200 | regular |
| Jan 3, 2025 | Feb 3, 2025 | $0.6200 | regular |
| Oct 4, 2024 | Nov 1, 2024 | $0.6000 | regular |
| Jul 5, 2024 | Aug 1, 2024 | $0.6000 | regular |
| Apr 4, 2024 | May 1, 2024 | $0.6000 | regular |
| Jan 4, 2024 | Feb 1, 2024 | $0.6000 | regular |
| Oct 5, 2023 | Nov 1, 2023 | $0.5700 | regular |
| Jul 6, 2023 | Aug 1, 2023 | $0.5700 | regular |
Income Calculator
At $2.52 / yr per share
Similar Dividend Stocks
Compare BMY
Explore more
Lists and tools related to BMY
- Does Bristol-Myers Squibb pay dividends? →
- Companies that raise dividends in December →
- Stocks that pay dividends in November →
- Safest dividend stocks →
- Healthcare dividend stocks →
- BMY dividend calculator →
- BMY DRIP calculator →
- BMY: last day to buy for the dividend →
- Embed BMY dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →