Baxter (BAX) Raises Quarterly Dividend 13% to $0.13; 1.2% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. LEVI
2. GOOGL
3. APLD
4. STZ
5. SPY
6. GOOG
7. ZETA
8. ARGX
9. RMR
10. MSFT

Go back to Baxter (BAX) Raises Quarterly Dividend 13% to $0.13; 1.2% Yield

Baxter Raises Quarterly Dividend

May 3, 2016 8:30 AM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) announced today that its Board of Directors has declared a 13 percent increase in the companys quarterly dividend rate, from the previous rate of $0.115 per Baxter common share to $0.13 per share. The dividend is payable on July 1, 2016 to stockholders of record as of June 3, 2016.

''Our capital allocation strategy balances reinvestment in the business to deliver sustainable growth along with returning value to our stockholders,'' said José (Joe) E. Almeida, chairman and chief executive officer. ''This new rate supports this objective and is... More