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1 High-Yield Dividend Stock That's Too Cheap to Ignore
Bristol Myers Squibb is highlighted as a high-yield dividend stock too cheap to ignore, operating in a defensive pharmaceutical industry. Despite recent patent cliffs affecting revenue growth, the company’s innovative pipeline and growth portfolio, particularly in oncology, are expected to drive future performance. With a 4.2% forward dividend yield and a low valuation, Bristol Myers Squibb is presented as a stable investment capable of delivering strong results and growing dividends even during market volatility.