Exploring NYSE:BMY's dividend characteristics.

BRISTOL-MYERS SQUIBB CO (NYSE:BMY) was identified as a stock worth exploring by dividend investors by our stock screener. NYSE:BMY scores well on profitability, solvency and liquidity. At the same time it seems to pay a decent dividend. We'll explore this a bit deeper below.

What does the Dividend looks like for NYSE:BMY

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:

• With a Yearly Dividend Yield of 4.48%, BMY is a good candidate for dividend investing.
• BMY's Dividend Yield is rather good when compared to the industry average which is at 4.81. BMY pays more dividend than 95.61% of the companies in the same industry.
• BMY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.65.
• The dividend of BMY is nicely growing with an annual growth rate of 6.94%!
• BMY has been paying a dividend for at least 10 years, so it has a reliable track record.

How do we evaluate the Health for NYSE:BMY?

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:BMY scores a 5 out of 10:

• With a decent Altman-Z score value of 2.32, BMY is doing good in the industry, outperforming 71.71% of the companies in the same industry.
• BMY has a debt to FCF ratio of 3.22. This is a good value and a sign of high solvency as BMY would need 3.22 years to pay back of all of its debts.
• BMY has a Debt to FCF ratio of 3.22. This is amongst the best in the industry. BMY outperforms 89.76% of its industry peers.

Evaluating Profitability: NYSE:BMY

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:BMY has earned a 8 out of 10:

• Looking at the Return On Assets, with a value of 9.08%, BMY belongs to the top of the industry, outperforming 91.71% of the companies in the same industry.
• With an excellent Return On Equity value of 28.57%, BMY belongs to the best of the industry, outperforming 93.17% of the companies in the same industry.
• BMY has a Return On Invested Capital of 13.32%. This is amongst the best in the industry. BMY outperforms 90.73% of its industry peers.
• The last Return On Invested Capital (13.32%) for BMY is above the 3 year average (9.56%), which is a sign of increasing profitability.
• The Profit Margin of BMY (18.44%) is better than 92.68% of its industry peers.
• BMY's Profit Margin has improved in the last couple of years.
• BMY has a Operating Margin of 24.00%. This is amongst the best in the industry. BMY outperforms 92.68% of its industry peers.
• With an excellent Gross Margin value of 76.70%, BMY belongs to the best of the industry, outperforming 82.44% of the companies in the same industry.
• In the last couple of years the Gross Margin of BMY has grown nicely.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Check the latest full fundamental report of BMY for a complete fundamental analysis.

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.