Bristol-Myers Squibb Company (NYSE:BMY) Updates On Dividend Release Date


On 2016-08-04, Bristol-Myers Squibb Company (NYSE:BMY) confirmed the dividend disbursement of $0.38 a share to shareholders as on record 2016-10-07. The firm will release dividend on 2016-11-01 while ex-dividend date is reported to be 2016-10-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Bristol-Myers Squibb Company (NYSE:BMY) paid a total of $0.38 per share in dividends. This figure stood at $0.38 a share in the same period a year ago indicating a deviation of 2.7586%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $68.384 on the stock. This figure is the average of recommendations offered by 13 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $100 and $48, respectively.

Taking the mathematical rating formula, the price for Bristol-Myers Squibb Company (NYSE:BMY) stands at 2.65. Earnings Review Bristol-Myers Squibb Company (NYSE:BMY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.62.

Coming to the quarter ending on 2015-12-31, Bristol-Myers Squibb Company (NYSE:BMY) recorded EPS of $0.69. The reported numbers came lower than the analysts’ estimates of $0.67, demonstrating a miss of $0.02 as against reported figures.

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