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Bristol-Myers Squibb: raises dividend 2.6%

(CercleFinance.com) - US drugmaker Bristol-Myers Squibb said it would increase its quarterly dividend by 2.
6%, as from the first quarter of 2018.

The New York-based company last night said that it has raised its dividend to 40 cents per share, payable on 1 February 2018.

The annual dividend will be increased to 1.60 dollar, it said.

Bristol-Myers also declared a quarterly dividend of 50 cents per share on convertible preferred stock, payable on 1 March 2018.

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