Baxter (BAX) Declares $0.19 Quarterly Dividend; Approves $2B Buyback

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Go back to Baxter (BAX) Declares $0.19 Quarterly Dividend; Approves $2B Buyback

Baxter Declares Quarterly Dividend and Announces Expanded Share Repurchase Authorization

November 13, 2018 9:15 AM EST

DEERFIELD, 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