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Bristol-Myers Squibb Co. (NYSE:BMY) discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

The 52-week range of Bristol-Myers Squibb stock price was $39.35 to $63.33.

Bristol-Myers Squibb's dividend yield is 5.62%. It paid $2.48 per share in dividends during the last 12 months.

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The Latest On Bristol-Myers Squibb

On April 24, the company announced its Q1 2025 earnings, posting revenues of $11.20 billion, above the consensus estimate of $10.70 billion, as reported by Benzinga.

The company reported adjusted EPS of $1.80, a turnaround from a loss of $4.40 a year ago, beating the consensus of $1.49.

Bristol Myers Squibb raised its full-year 2025 adjusted EPS from the range of $6.55 to $6.85 to $6.70 to $7.00, compared to the consensus of $6.74.

The U.S. drug giant also raised the 2025 sales guidance from $45.50 billion to the range of $45.80 billion to $46.80 billion, compared to the consensus estimate of $45.76 billion.

Check out this article by Benzinga, which looks into Bristol-Myers Squibb’s price over earnings.

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How Can You Earn $100 Per Month As A Bristol-Myers Squibb Investor?

If you want to make $100 per month — $1,200 annually — from Bristol-Myers Squibb dividends, your investment value needs to be approximately $21,352, which is around 473 shares at $45.17 each.

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.62% in this case). So, $1,200 / 0.0562 = $21,352 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

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In summary, income-focused investors may find Bristol-Myers Squibb stock an attractive option for making a steady income of $100 per month by owning 473 shares of stock.

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This article Here's How You Can Earn $100 In Passive Income By Investing In Bristol-Myers Squibb Stock originally appeared on Benzinga.com

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