Categories: Business

Baxter International Increases Dividend and Declares Quarterly Dividend

DEERFIELD, IL (STL.News) Baxter International Inc. (NYSE:BAX), a leading global medical products company, today announced an increase in the company’s quarterly cash dividend to a rate of $0.28 per share of common stock.  This represents an approximately 14% increase over the previous quarterly dividend rate of $0.245 per share.  Baxter’s Board of Directors declared the dividend payable on July 1, 2021, to stockholders of record as of June 4, 2021.  The indicated annual dividend rate is now $1.12 per share of common stock.

“Amid an unprecedented global healthcare crisis, our team has remained focused on advancing our Mission for patients and making an impact for our diverse stakeholder base,” said José (Joe) E. Almeida, chairman, president and chief executive officer.  “Baxter’s strategic approach to capital allocation is founded on accelerating growth, driving innovation and returning value to our shareholders.  The strength of our financial position has fueled our ability to increase our quarterly dividend rate on an annual basis for the sixth consecutive year.”

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News,, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.

Recent Posts

California Governor: $5.1 Billion for Water Infrastructure, Drought Response

MERCED COUNTY, CA (STL.News) Governor Gavin Newsom proposed a $5.1 billion package of immediate drought response and long-term…

1 min ago

Arizona Governor Signs Legislation To Expand Broadband

PHOENIX, AZ (STL.News) Governor Doug Ducey signed legislation aimed at expanding broadband access in Arizona, advancing a commitment…

6 mins ago

Secretary Blinken’s Meeting with Jordanian Foreign Minister Safadi

Washington, DC (STL.News) The below is attributable to Spokesperson Ned Price: Secretary of State Antony J.…

14 mins ago

U.S. Attorney’s Office Recognizes National Police Week

U.S. Attorney's Office Recognizes National Police Week, Sacrifice and Dedication of Fallen Central Illinois Officers…

16 hours ago

Sioux City: Tad Lynch Sentenced To Sell Methamphetamine

Sioux City Man, Tad Lynch Who Sold Methamphetamine Sentenced to Federal Prison Lynch has a…

16 hours ago

Karin Hoppmann Recognizes Law Enforcement Service

Acting U.S. Attorney Karin Hoppmann Recognizes Law Enforcement Service During National Police Week Tampa, FL…

16 hours ago