Why Bristol Myers Squibb is one of the best socially responsible dividend stocks

Bristol Myers Squibb has been named one of the Socially Responsible Dividend Stocks by the Dividend Channel, which means it is an above average stock. “ Rank of the Dividend ” statistics including a strong return of 3.5%, as well as being recognized by eminent asset managers as a socially responsible investment, thanks to the analysis of social and environmental criteria. Environmental criteria include considerations such as the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of the use of energy and resources. Social criteria include such things as human rights, child labor, business diversity and the impact of the business on society – for example, business activities related to guns, gambling. money, tobacco and alcohol would be taken into consideration.

According to ETF Finder on ETF Channel, Bristol Myers Squibb is a member of the iShares USA ESG Select (SUSA) ETF, constituting BRISTOL MYERS SQUIBB% of the underlying holdings of the fund, which owns 0.57 BMY shares.

Top 25 Socially Responsible Dividend Stocks – Income to Feel Good »

The annualized dividend paid by Bristol Myers Squibb Co. is $ 1.96 / share, currently paid in quarterly installments, and its most recent ex-dividend date was 9/30/2021. Below is a chart of BMY’s long-term dividend history, which the DividendRank report underlined as being of paramount importance. Indeed, studying a company’s past dividend history can be of great help in judging whether the most recent dividend is likely to continue.

BMY operates in the drug and pharmaceutical industry, among companies such as Johnson & Johnson and Pfizer.

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