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Baxter International, Inc. (BAX) Declares Quarterly Dividend


2/18/2014 7:13:35 AM

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The Board of Directors of Baxter International Inc. (NYSE:BAX) today declared a quarterly dividend of $0.49 per Baxter common share. The dividend is payable on April 1, 2014 to shareholders of record as of March 7, 2014.

Baxter continues to generate strong cash flow and has returned significant value to shareholders in the form of dividends and share repurchases. In 2013, Baxter returned more than $1.9 billion to shareholders, through share repurchases of $913 million (or approximately 13 million shares) and dividends totaling more than $1.0 billion, reflecting a 27 percent increase in dividend payments versus the prior year.

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