Baxter (BAX) Raises Quarterly Dividend 23.1% to $0.16; 1.2% Yield

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Go back to Baxter (BAX) Raises Quarterly Dividend 23.1% to $0.16; 1.2% Yield

Baxter Raises Quarterly Dividend

May 2, 2017 8:30 AM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) announced today that its Board of Directors has declared a 23 percent increase in the companys quarterly dividend rate, from the previous rate of $0.13 per Baxter common share to $0.16 per share. The dividend is payable on July 3, 2017 to stockholders of record as of June 2, 2017.

Baxter is pleased to raise our quarterly dividend rate, which reflects the companys strong financial performance and commitment to enhancing shareholder value, said José (Joe) E. Almeida, chairman and... More