Baxter declares dividend, names officers

DEERFIELD — Drug and medical device maker Baxter International Inc. said Tuesday its board declared a quarterly dividend of 31 cents per share.

The Deerfield company said the dividend is payable April 1 to shareholders of record as of the close of business March 10.

Baxter also said it named Chief Information Officer Paul E. Martin and Wolf F. Kupatt, president of Latin America and Canada, to serve as officers of the company.

Baxter shares climbed 14 cents to $51.85 in morning trading.