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Baxter Declares Quarterly Dividend

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Baxter International Inc. (NYSE:BAX) has declared a quarterly cash dividend of $0.29 per share of common stock, with an indicated annual dividend rate of $1.16 per share. The dividend will be payable on July 1, 2024, to stockholders of record as of May 31, 2024.

Positive
  • Positive: The declaration of a quarterly cash dividend of $0.29 per share indicates the company's commitment to rewarding its shareholders.

  • Positive: The indicated annual dividend rate of $1.16 per share provides stability and potential income for investors.

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 July 1, 2024, to stockholders of record as of May 31, 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.

Media Contact

Steve Brett, (224) 948-5353

media@baxter.com

Investor Contact

Clare Trachtman, (224) 948-3020

Source: Baxter International Inc.

FAQ

When will Baxter International Inc. (BAX) pay the quarterly cash dividend?

The dividend will be payable on July 1, 2024.

What is the amount of Baxter International Inc. (BAX) quarterly cash dividend per share?

The quarterly cash dividend is $0.29 per share.

What is the indicated annual dividend rate for Baxter International Inc. (BAX) common stock?

The indicated annual dividend rate is $1.16 per share of common stock.

Baxter International Inc.

NYSE:BAX

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15.26B
508.41M
0.38%
94.88%
2.5%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States of America
DEERFIELD