Baxter International Raises Dividend 14%
By Stephen Nakrosis
Medical Products company Baxter International Inc. on Monday
said it was raising its quarterly dividend by 14% to 28 cents a
The company said the new dividend will be payable on July 1 to
stockholders of record on June 4.
"The indicated annual dividend rate is now $1.12 per share of
common stock," Baxter said.
Jose E. Almeida, the company's chairman, president and chief
executive officer, said, "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."
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(END) Dow Jones Newswires
May 03, 2021 17:42 ET (21:42 GMT)
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