Bristol-Myers Squibb Stock To Go Ex-dividend Tomorrow (BMY)
The ex-dividend date for Bristol-Myers Squibb Company (NYSE:BMY) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $26.99 as of 9:31 a.m., the dividend yield is 4.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Bristol-Myers Squibb Company (NYSE: BMY) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $26.99 as of 9:31 a.m. ET, the dividend yield is 4.8%. The average volume for Bristol-Myers Squibb has been 11.9 million shares per day over the past 30 days. Bristol-Myers Squibb has a market cap of $46.5 billion and is part of the health care sector and drugs industry. Shares are up 1.9% year to date as of the close of trading on Monday. Bristol-Myers Squibb Company, a global biopharmaceutical company, discovers, develops, and delivers innovative medicines that help patients prevail over serious diseases. The company has a P/E ratio of 15.2, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Bristol-Myers Squibb as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Bristol-Myers Squibb Ratings Report. See our dividend calendar or top-yielding stocks list.