Baxter declares 13 cent quarterly dividend
DEERFIELD - Baxter International declared a quarterly dividend of 13 cents per common share, payable on Oct. 3 to shareholders of record as of Sept. 2.
In May, Baxter increased its quarterly dividend rate by 13 percent, reflecting the company's commitment to returning value to shareholders while also balancing reinvestment in the business. The company has targeted an annual dividend payout ratio of approximately 35 percent of adjusted net income.
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