Early Retirement Portfolio: 5 Stocks to Live Off Dividends Revisited

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In this article, we discuss the best dividend stocks for an early retirement portfolio. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read Early Retirement Portfolio: 16 Stocks to Live Off Dividends Revisited

5. Bristol-Myers Squibb Company (NYSE:BMY)

Dividend Yield as of December 26: 4.66%

Bristol-Myers Squibb Company (NYSE:BMY) is an American biopharmaceutical company that focuses on researching, developing, and producing innovative medicines and treatments across various therapeutic areas. In December 2023, the company raised its dividend for the 18th consecutive year, which makes BMY one of the best dividend stocks for an early retirement portfolio. It currently pays a quarterly dividend of $0.60 per share and has a dividend yield of 4.66%, as of December 26.

As of the close of Q3 2023, 65 hedge funds owned stakes in Bristol-Myers Squibb Company (NYSE:BMY), compared with 66 in the previous quarter, according to our database. The collective value of these stakes is over $1.8 billion.

Follow Bristol Myers Squibb Co (NYSE:BMY)

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