Baxter Declares Quarterly Dividend

Rhea-AI Summary

Baxter International Inc. (NYSE:BAX) has declared a quarterly cash dividend of $0.28 per share, payable on January 3, 2022, to shareholders recorded as of December 3, 2021. This dividend reflects an annual rate of $1.12 per share. The announcement emphasizes the company's commitment to returning value to its shareholders through consistent dividend payments.

Positive

• Quarterly cash dividend of $0.28 per share declared.
• Annual dividend rate of $1.12 per share indicates shareholder value.

Negative

• None.

DEERFIELD, Ill.--(BUSINESS WIRE)-- 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 $0.28 per share of common stock. The dividend is payable on January 3, 2022, to shareholders of record as of December 3, 2021. The indicated annual dividend rate is $1.12 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 90 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 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/20211116005918/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 dividend amount declared by Baxter International Inc.?

Baxter International Inc. declared a quarterly dividend of $0.28 per share.

When is Baxter's dividend payment date?

The dividend is payable on January 3, 2022.

What is the record date for Baxter's dividend?

The record date for Baxter's dividend is December 3, 2021.

What is the annual dividend rate for Baxter International Inc.?

The indicated annual dividend rate is $1.12 per share.

How does Baxter International Inc. support its shareholders?

Baxter supports its shareholders by issuing consistent quarterly dividends.