Baxter International Inc. (NYSE:BAX) declared quarterly dividend of $ 0.245 per share, or $ 0.98 annualized.
The dividend will be payable on October 1, 2020, to stockholders of record on August 31, 2020, with an ex-dividend date of August 28, 2020.
Dividends History
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Recent Earnings Announcement
Baxter International Inc. posted income for the first quarter of $ 0.82 per share, from the revenue of $ 2,802.00 million. The quarterly earnings escalated 9.33 percent while revenues escalated 6.46 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.72 per share from $ 2746.42 million in revenue. The bottom line results beat street analysts by $ 0.1 or 13.89 percent, at the same time, top line results topped analysts by $ 55.58 million or 2.02 percent.
Stock Performance
According to the previous trading day, closing price of BAX was $ 83.46, representing a 20.78 % increase from the 52 week low of $ 69.10 and a 12.32 % decrease over the 52 week high of $ 95.19.
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The company has a market capital of $ 42.52 billion and is part of the Healthcare sector and Medical Instruments & Supplies industry.
Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products. The company operates through North and South America; Europe, Middle East and Africa; and Asia-Pacific segments. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; renal replacement therapies and other organ support therapies focused in the intensive care unit; sterile intravenous (IV) solutions, IV therapies, infusion pumps, administration sets, and drug reconstitution devices; and parenteral nutrition therapies.
