Baxter (BAX) Declares $0.19 Quarterly Dividend; Approves $2B Buyback
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Baxter Declares Quarterly Dividend and Announces Expanded Share Repurchase Authorization
November 13, 2018 9:15 AM ESTDEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a leading global medical products company, announced today a quarterly cash dividend and an expanded authorization for its share repurchase program.
The Board of Directors of Baxter has declared a quarterly cash dividend of $0.19 per share of common stock, payable on Jan. 2, 2019, to stockholders of record as of Dec. 3, 2018. The indicated annual dividend rate is $0.76 per share of common stock.
Baxters Board of Directors has also approved a $2.0 billion increase in authorization for the companys existing share repurchase plan. Based... More
