Is Bristol Myers' Dividend in Danger?
Should investors brace for a dividend cut?Bristol Myers Squibb (BMY 0.45%) pays investors an attractive dividend, which yields an incredibly high rate of 5.5%. That's nearly four times the S&P 500 average of 1.4%. At such a high rate, investing approximately 1,000 in annual dividends from the stock.However, as is the case with many high-yielding stocks, Bristol Myers' dividend comes with some risk. The company's growth has been a concern for investors, and recently, its ...