Bristol-Myers declares dividend of 32 cents

AP News
Posted: Dec 21, 2009 4:24 PM

Drugmaker Bristol-Myers Squibb Co. said Monday it raised its quarterly dividend by a penny, to 32 cents from 31 cents.

The dividend is payable Feb. 1, 2010, to shareholders of record as of Jan. 4. Bristol-Myers also declared a dividend of 50 cents on convertible preferred stock, payable March 3 to shareholders of record on Feb. 8.