|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||19.82 - 19.82|
|52-week range||19.61 - 20.84|
|Beta (5Y monthly)||0.09|
|PE ratio (TTM)||9.61|
|Forward dividend & yield||0.97 (4.90%)|
|Ex-dividend date||14 Feb 2022|
|1y target est||N/A|
Drugmaker Bristol Myers Squibb increased its dividend payments for the 12th straight year in 2020. Its quarterly dividend of $0.49 is 8.9% higher than the $0.45 the company was paying out a year earlier. Going back five years to 2016, Bristol Myers Squibb was paying its shareholders $0.38 per quarter, meaning the company has increased the dividend by 29% since then, averaging a compounded annual growth rate (CAGR) of 5.2%.
If you are able to save some money over your working years and invest that into safe, blue-chip stocks that generate cash, that can make for a much more enjoyable retirement. Three dividend stocks that can be pillars for your portfolio for the long term and generate significant cash are Walgreens Boots Alliance (NASDAQ: WBA), Fortis (NYSE: FTS), and Coca-Cola (NYSE: KO). Healthcare giant Walgreens raised its dividend in July, marking the 46th year in a row that it has bumped up its payouts to shareholders.
Fortis (FTS) delivered earnings and revenue surprises of -6.25% and 11.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?