Baxter Declares Quarterly Dividend
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Baxter International Inc. has declared a quarterly cash dividend of $0.17 per share, payable on January 2, 2025. This new rate is set in anticipation of the divestiture of its Kidney Care business.
November 12, 2024 | 12:00 am
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POSITIVE IMPACT
Baxter International has announced a quarterly dividend of $0.17 per share, reflecting a new rate due to the upcoming divestiture of its Kidney Care business.
The announcement of a dividend provides a positive signal to investors about the company's financial health and commitment to returning value to shareholders. The adjustment in the dividend rate is linked to the strategic decision to divest the Kidney Care business, which may impact future earnings and cash flow. This news is likely to have a positive short-term impact on the stock price as it reassures investors of continued dividend payments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100