Baxter (BAX) Raises Quarterly Dividend 3.6% to $0.29; 1.6% Yield

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Baxter Increases Dividend and Declares Quarterly Dividend

May 3, 2022 7:45 AM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a leading global medtech company, today announced an increase in the companys quarterly cash dividend to a rate of $0.29 per share of common stock. This represents an approximately 3.5% increase over the previous quarterly dividend rate of $0.28 per share. Baxters Board of Directors declared the dividend payable on July 1, 2022, to stockholders of record as of June 3, 2022. The indicated annual dividend rate is now $1.16 per share of common stock.

Baxter continues to advance its lifesaving Mission and deliver value for shareholders amid an unprecedented... More