Baxter increases dividend and declares quarterly dividend

Deerfield, ill.--(business wire)--baxter international inc. (nyse:bax), a leading global medtech company, today announced an increase in the company's quarterly cash dividend to a rate of $0.29 per share of common stock. this represents an approximately 3.5% increase over the previous quarterly dividend rate of $0.28 per share. baxter's board of directors declared the dividend payable on july 1, 2022, to stockholders of record as of june 3, 2022. the indicated annual dividend rate is now $1.16
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