Baxter Raises Dividend

Good news from Baxter International (BAX). Three weeks after releasing a very good earnings report, the company is raising its quarterly dividend from 29 cents to 31 cents per share.

The dividend is payable on January 5, 2011 to shareholders of record as of the close of business on December 10, 2010. Going by today’s price, Baxter yields 2.4% which is just below the yield of the ten-year Treasury.

Posted by on November 9th, 2010 at 9:56 am


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