DEERFIELD, Ill. - Baxter International Inc. (NYSE:BAX), a global medical technology company, has announced a quarterly cash dividend of $0.29 per share. The dividend will be paid to shareholders of record as of March 1, 2024, with the payment date set for April 1, 2024. This declaration indicates an annual dividend rate of $1.16 per share.
Baxter, with a history of over 90 years, serves patients and healthcare providers with a broad portfolio including diagnostic, critical care, kidney care, nutrition, hospital, and surgical products. The company operates in more than 100 countries and focuses on innovative healthcare solutions.
The forward-looking statements included in the company's announcement regarding its capital allocation, which currently involves issuing quarterly dividends, are based on various assumptions. However, Baxter has cautioned that the actual annual dividend payout may differ from the anticipated rate, citing potential influencing factors and risks. These risks and factors that could impact Baxter's financial outcomes and liquidity are detailed in the company's most recent filings with the Securities and Exchange Commission (SEC).
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