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As
a convenience to our stockholders, Bristol-Myers Squibb Company
offers a Direct Deposit of Dividends service.
This
service means no more waiting for your dividend checks to arrive
in the mail. Instead, the funds are sent electronically to your
commercial bank, savings and loan, or credit union and credited
to your account on the payment date. The dividends are processed
through the Automated Clearing House (ACH), the same network that
processes the direct deposit of Social Security payments.
Consider
the Benefits
- The
funds are in your account on the payment date, eliminating the
time that dividend checks are in the mail.
- Since
the mail isn’t used for delivering the check, you won’t
have the problem of a lost or stolen dividend check.
- The
money is placed directly in your account, eliminating the need
for a trip to the bank.
- Finally,
you have funds available for your use -- no delays in waiting
for checks to clear.
- Best
of all -- the service is offered at no cost to you.
How
do you sign up for direct deposit of dividends?
1.
In order to have your dividend directly deposited, you must request
an enrollment card from our transfer agent, Mellon Investor Services
at 1-800-356-2026. When you receive your enrollment card, you should
complete it as follows:
your
signature and the date
your
home and/or business
telephone
number
your
financial institution - please include the following information:
(a)
the name of your financial institution
(b)
the address of the branch of the financial institution where
you have your account. Please include the city, state and zip
code.
(c)
account type (checking or savings)
(d)
account number - if you are designating an account with checking
privileges, you should include a voided check rather than provide
the account number and RT/ABA Routing Transfer number. Please
write "VOID" across the full length of the check.
If
your account doesn't have checking privileges (i.e., a savings
account or credit union account), please ask your financial
institution for its nine digit RT/ABA Routing Transfer number
and your account number and supply us with that information.
2.
Place the completed authorization card and voided check (if applicable)
in the postage paid return envelope provided and drop it in the
mail.
From
the instructions you supply, Mellon Investor Services will test
to ensure that your financial institution is an ACH member and that
your account number is valid. Usually, your financial institution
will send you a notification advising you that Mellon Investor Services
will be making electronic payments --
credits -- to your account.
How
will you know when you have received a dividend?
Two
ways. First, your monthly bank statement will reflect an electronic
credit to your account. Second, Mellon Investor Services will send
you a payment advice instead of a check. This advice will tell you
when the payment was made, to which bank and account number, the
amount, how many shares you held, and how much tax, if any, was
withheld.
You
will continue to receive dividend payments electronically for as
long as you are a stockholder of Bristol-Myers Squibb Company, or
until you instruct us otherwise.
If
you must change banks or accounts, you must notify Mellon Investor
Services of the change and provide them with the new bank routing
number and/or bank account number. Mellon Investor Services will
then set up the payment accordingly.
Direct
deposit of dividends is a convenience to you - our stockholders.
If
you don't return the authorization card, you will continue to receive
a check as you do now.
If
you change your mind at a later date, simply check the appropriate
box on the stub of future dividend checks. Processing time requires
your authorization to arrive at Mellon Investor Services, our dividend
payment agent, approximately six weeks prior to the next Bristol-Myers
Squibb Company dividend payment
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