Baxter (BAX) Raises Quarterly Dividend 18.8% to $0.19; 1.1% Yield

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Go back to Baxter (BAX) Raises Quarterly Dividend 18.8% to $0.19; 1.1% Yield

Baxter Declares Dividend and Announces Quarterly Dividend Increase

May 8, 2018 9:00 AM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today announced an approximately 19% increase in the companys quarterly dividend rate. This rate increase was made in connection with the declaration of a quarterly cash dividend of $0.19 per share of common stock (up from $0.16 per share), payable on July 2, 2018, to stockholders of record as of June 1, 2018. The indicated annual dividend rate is now $0.76 per share of common stock.

Baxter is pleased to raise our quarterly dividend rate, said José (Joe) E.... More