Baxter Declares Quarterly Dividend

Rhea-AI Summary

Baxter International (NYSE:BAX), a global medtech leader, has announced a quarterly cash dividend of $0.29 per share of common stock. The dividend will be payable on Oct. 1, 2024, to stockholders of record as of Aug. 30, 2024. This declaration sets the indicated annual dividend rate at $1.16 per share of common stock. This announcement demonstrates Baxter's commitment to providing regular returns to its shareholders, which may be seen as a positive sign of the company's financial stability and confidence in its future performance.

Positive

• Declared quarterly dividend of $0.29 per share
• Indicated annual dividend rate of $1.16 per share
• Consistent dividend payments suggest financial stability

Negative

• None.

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE:BAX), a global medtech leader, today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per share of common stock. The dividend is payable on Oct. 1, 2024, to stockholders of record as of Aug. 30, 2024. The indicated annual dividend rate is $1.16 per share of common stock.

About Baxter

Every day, millions of patients, caregivers and healthcare providers rely on Baxter's leading portfolio of diagnostic, critical care, kidney care, nutrition, hospital and surgical products used across patient homes, hospitals, physician offices and other sites of care. For more than 90 years, we've been operating at the critical intersection where innovations that save and sustain lives meet the healthcare providers who make it happen. With products, digital health solutions and therapies available in more than 100 countries, Baxter's employees worldwide are now building upon the company’s rich heritage of medical breakthroughs to advance the next generation of transformative healthcare innovations. To learn more, visit www.baxter.com and follow us on X/Twitter, LinkedIn and Facebook.

This release includes forward-looking statements concerning the company’s capital allocation, which currently includes the issuance of quarterly dividends. These forward-looking statements are based on assumptions about many factors and it is possible that Baxter’s annual dividend payout rate may differ, possibly materially, from the anticipated annual indicative dividend described herein. For information about some of the risks and important factors that could affect Baxter’s future results, financial condition and liquidity, see Baxter’s most recent filings on Forms 10-K and 10-Q and other SEC filings, all of which are available on Baxter’s website. Baxter does not undertake to update its forward-looking statements unless otherwise required by the federal securities laws.

Baxter is a registered trademark of Baxter International Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240716883583/en/

Media Contact

Steve Brett, (224) 948-5353

media@baxter.com



Investor Contact

Clare Trachtman, (224) 948-3020

Source: Baxter International Inc.

FAQ

What is the amount of Baxter's (BAX) quarterly dividend for 2024?

Baxter International (BAX) has declared a quarterly cash dividend of $0.29 per share of common stock for 2024.

When is the payment date for Baxter's (BAX) latest quarterly dividend?

The payment date for Baxter's (BAX) latest quarterly dividend is October 1, 2024.

What is the record date for Baxter's (BAX) Q4 2024 dividend?

The record date for Baxter's (BAX) Q4 2024 dividend is August 30, 2024.

What is Baxter's (BAX) indicated annual dividend rate for 2024?

Baxter's (BAX) indicated annual dividend rate for 2024 is $1.16 per share of common stock.