Is Bristol Myers Squibb's 4.3% Dividend Yield Safe? Here's What Investors Need to Know.
This big pharma stock looks attractive for income investors -- but it comes with some risk.
Overview
Bristol Myers Squibb (NYSE: BMY) belongs to an elite group. Only two other large-cap healthcare stocks offer higher dividend yields. Bristol Myers Squibb's juicy yield of 4.3% is absolutely grabbing the attention of many income investors.
The drugmaker has paid a dividend for an impressive 94 consecutive years. Bristol Myers Squibb has increased its dividend for 17 straight years. But is its dividend safe now? Here's what investors need to know.
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Originally published at www.fool.com.
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