Baxter Declares Quarterly Dividend

Rhea-AI Summary

Baxter International (NYSE:BAX) has declared a quarterly cash dividend of $0.245 per share, payable on April 1, 2021, to shareholders on record as of February 26, 2021. This sets an annual indicative dividend rate at $0.98 per share. Baxter, with over 85 years of experience, focuses on critical care, nutrition, and surgical products, impacting millions globally. The company’s forward-looking statements suggest that future dividend payouts may vary based on several risk factors.

Positive

• Declared quarterly cash dividend of $0.245 per share.
• Annual dividend rate indicated at $0.98 per share, showing commitment to returning value to shareholders.

Negative

• Future dividend payouts could materially differ from the indicated annual rate due to various risks.

Baxter International Inc. (NYSE:BAX), a leading global medical products company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.245 per share of common stock. The dividend is payable on April 1, 2021, to shareholders of record as of February 26, 2021. The indicated annual dividend rate is $0.98 per share of common stock.

About Baxter

Every day, millions of patients and caregivers rely on Baxter’s leading portfolio of critical care, nutrition, renal, hospital and surgical products. For more than 85 years, we’ve been operating at the critical intersection where innovations that save and sustain lives meet the healthcare providers that make it happen. With products, technologies 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 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 filing on Form 10-K 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/20210216005772/en/

FAQ

What is Baxter's dividend amount for April 2021?

Baxter has declared a quarterly cash dividend of $0.245 per share.

When is Baxter's dividend payable?

The dividend is payable on April 1, 2021.

What is the annual dividend rate for Baxter?

The indicated annual dividend rate is $0.98 per share.

Who are eligible for Baxter's dividend?

Shareholders of record as of February 26, 2021, will be eligible for the dividend.

What risks could impact Baxter's future dividend payouts?

Various factors, as disclosed in Baxter's filings, could affect future dividend amounts.