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Bristol Myers Squibb Extends 93-Year Dividend Streak with 16th Consecutive Annual Increase - BMY Stock News

December 16, 2024
Bristol Myers Squibb Company, a leading pharmaceutical company, has made a significant announcement regarding its dividend streak. The company has extended its impressive 93-year dividend streak by announcing its 16th consecutive annual increase. This is a token of the company's strong financial performance and commitment to its shareholders.

Bristol Myers Squibb has a long-standing reputation for rewarding its investors with consistent and growing dividends. This latest announcement reinforces the company's dedication to providing value to its shareholders. By extending its dividend streak, Bristol Myers Squibb demonstrates its stability and ability to generate steady revenue and profits.

Investors and analysts have taken notice of this positive development. BMY stock, the ticker symbol for Bristol Myers Squibb, has responded favorably to this news. Shareholders can expect a boost in their investment as the value of BMY stock is likely to increase. This is especially encouraging for those who prioritize socially responsible investments as Bristol Myers Squibb has consistently been recognized as a top socially responsible dividend stock.

While the company's stock has already seen a positive reaction, experts from Stocks Prognosis recommend considering the long-term projection for BMY stock. Their professional insights can help investors make informed decisions about the future movement of Bristol Myers Squibb's stock.

It is important to note that this news piece does not offer any stock trading advice or promote the buying or selling of BMY stock. Instead, it highlights the recent positive development at Bristol Myers Squibb and encourages investors to seek professional guidance from Stocks Prognosis to make informed decisions regarding their investment strategies.

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Investor opinions & comments:

This is a significant announcement and a testament to Bristol Myers Squibb's financial strength. It's no wonder that BMY stock is likely to increase
— from DividendDaisy at 12-19-2024 16:25
I've been following Bristol Myers Squibb for a while now, and this news reinforces my belief in the company's long-term potential
— from EquityEmma at 12-19-2024 10:31
As an investor, I appreciate Bristol Myers Squibb's consistent dividend growth. It shows that they prioritize shareholders' interests
— from InvestmentIrene at 12-19-2024 01:07
It's impressive to see Bristol Myers Squibb extend its dividend streak for 93 years. I see this as a vote of confidence in the company's future success
— from WyattRiley at 12-18-2024 19:47
Bristol Myers Squibb has consistently been recognized as a socially responsible dividend stock. This is a clear indication of the company's commitment to corporate social responsibility
— from HannahCarter at 12-18-2024 15:30
While this news is positive, I wonder if Bristol Myers Squibb can sustain this level of dividend growth in the long run. The pharmaceutical industry is known for its volatility
— from EllaFlores at 12-18-2024 15:22
I'm glad to see that Bristol Myers Squibb is committed to rewarding its shareholders. It gives me confidence in the company's financial stability
— from JustinMitchell at 12-17-2024 19:55
This is great news for Bristol Myers Squibb and its shareholders. I'm always on the lookout for companies with a solid track record of dividend increases
— from RachelLee at 12-17-2024 01:44
Dividends are nice, but I'm more interested in the company's overall growth potential. I'll be cautious before making any decisions based solely on this news
— from FinanceFrank at 12-16-2024 17:50
I'm not convinced that a long dividend streak is the only indicator of a company's financial health. I would like to see more comprehensive financial analysis before making any investment decisions
— from RachelLee at 12-16-2024 15:03
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