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Why NYSE:BMY is a Top Pick for Dividend Investors.

By Mill Chart

Last update: Mar 12, 2024

Take a closer look at BRISTOL-MYERS SQUIBB CO (NYSE:BMY), a stock of interest to dividend investors uncovered by our stock screener. NYSE:BMY excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

Understanding NYSE:BMY's Dividend

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:BMY scores a 7 out of 10:

  • BMY has a Yearly Dividend Yield of 4.50%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.15, BMY pays a better dividend. On top of this BMY pays more dividend than 97.51% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 2.40, BMY pays a better dividend.
  • The dividend of BMY is nicely growing with an annual growth rate of 7.57%!
  • BMY has paid a dividend for at least 10 years, which is a reliable track record.

Health Analysis for NYSE:BMY

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:BMY has earned a 5 out of 10:

  • The Altman-Z score of BMY (2.40) is better than 70.65% of its industry peers.
  • BMY has a debt to FCF ratio of 3.14. This is a good value and a sign of high solvency as BMY would need 3.14 years to pay back of all of its debts.
  • BMY has a Debt to FCF ratio of 3.14. This is amongst the best in the industry. BMY outperforms 89.55% of its industry peers.

Understanding NYSE:BMY's Profitability

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:BMY scores a 7 out of 10:

  • Looking at the Return On Assets, with a value of 8.43%, BMY belongs to the top of the industry, outperforming 92.04% of the companies in the same industry.
  • BMY has a Return On Equity of 27.27%. This is amongst the best in the industry. BMY outperforms 94.03% of its industry peers.
  • The Return On Invested Capital of BMY (13.17%) is better than 91.54% of its industry peers.
  • The last Return On Invested Capital (13.17%) for BMY is above the 3 year average (12.66%), which is a sign of increasing profitability.
  • BMY has a better Profit Margin (17.83%) than 92.54% of its industry peers.
  • Looking at the Operating Margin, with a value of 24.11%, BMY belongs to the top of the industry, outperforming 92.04% of the companies in the same industry.
  • BMY has a Gross Margin of 76.44%. This is amongst the best in the industry. BMY outperforms 82.09% of its industry peers.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

For an up to date full fundamental analysis you can check the fundamental report of BMY

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

BRISTOL-MYERS SQUIBB CO

NYSE:BMY (4/17/2025, 8:04:27 PM)

After market: 49.4993 +0.27 (+0.55%)

49.23

-0.13 (-0.26%)



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