Baxter (BAX) Raises Quarterly Dividend 11.4% to $0.245; 1.1% Yield

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Go back to Baxter (BAX) Raises Quarterly Dividend 11.4% to $0.245; 1.1% Yield

Baxter Increases Dividend and Declares Quarterly Dividend

May 5, 2020 8:45 AM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a leading global medical products company, today announced an increase in the companys quarterly cash dividend to a rate of $0.245 per share of common stock. This represents an approximately 11% increase over the previous quarterly dividend rate of $0.22 per share. Baxters Board of Directors declared the dividend payable on July 1, 2020, to stockholders of record as of June 5, 2020. The indicated annual dividend rate is now $0.98 per share of common stock.

Baxters disciplined capital allocation strategy is focused on driving innovation and... More