Bristol-Myers Squibb Increases Dividend by 3.1% to $.33

The Board of Directors of Bristol-Myers Squibb Company

today declared a 3.1 percent increase in the company's quarterly dividend, beginning in the first quarter of 2011. The dividend increase will result in a quarterly dividend of thirty-three cents ($0.33) per share on the $.10 par value Common Stock of the corporation for an indicative 2011 full-year dividend of $1.32 per share, subject to the normal quarterly review by the Board. The next quarterly dividend will be payable on February 1, 2011, to stockholders of record at the close of business on January 7, 2011.