Baxter International Inc. (NYSE: BAX) today declared a quarterly dividend of $0.31 per Baxter common share, $1.24 annnualized. The dividend is a 7% increase over the current rate of $0.29.
The dividend is payable on January 5, 2011, to shareholders of record as of the close of business on December 10, 2010. The ex-dividend date is December 8, 2010.
Yield on the dividend is 2.4%.
Disclosure I am long BAX shares
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