Baxter (BAX) Raises Qtr Dividend 12% to $0.29/Share, 2.1% Yield

November 10, 2009 9:29 AM EST

Baxter International Inc. (NYSE: BAX) today declared a quarterly dividend of $0.29 per Baxter common share. This represents an increase of approximately 12 percent over the previous quarterly rate of $0.26 per share.

The dividend is payable on January 5, 2010, to shareholders of record as of the close of business on December 10, 2009.

The ex-dividend date is December 8.

The dividend yield based on the new payout is 2.1%.


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