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BAX Baxter International dividend history, payout ratio & dates

Baxter International's most recent dividend of $0.29 per share was on Aug 30, 2024 (ex-date). The annualized payout of $1.16 per share represents a current dividend yield of 2.98%.

Key dates

  • BAX last dividend date: Aug 30, 2024
BAX dividend stats
DPS
$1.16
Dividend yield
2.98%
Payout ratio
23.7%
vs. Healthcare sector
Dividend yield
1.97%
Payout ratio
36.9%

Dividend yield

What is Baxter International current dividend yield

BAX has a dividend yield of 2.98% which is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.97%, Baxter International's dividend yield is 51% higher. The historical 5-year average of BAX's dividend yield is 1.9%, which is below the current yield.

Dividend history

What is BAX dividend payout history and dates

Baxter International has a history of paying dividends since 1995. Our records of BAX show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 1.7% from a year ago, the dividend yield has increased by 1.8%.

Recent dividends

Ex-date Amount Yield (TTM)
Aug 30, 2024 $0.29 3.06%
May 31, 2024 $0.29 3.4%
Feb 29, 2024 $0.29 2.83%
Nov 30, 2023 $0.29 3.22%
Aug 31, 2023 $0.29 2.86%
Jun 1, 2023 $0.29 2.81%
Feb 23, 2023 $0.29 2.86%
Dec 1, 2022 $0.29 2.2%
Sep 1, 2022 $0.29 2.01%
Jun 2, 2022 $0.29 1.52%
Feb 24, 2022 $0.28 1.32%
Dec 2, 2021 $0.28 1.42%
Sep 2, 2021 $0.28 1.3%
Jun 3, 2021 $0.28 1.24%
Feb 25, 2021 $0.245 1.25%
Dec 3, 2020 $0.245 1.25%
Aug 28, 2020 $0.245 1.08%
Jun 4, 2020 $0.245 1.02%
Feb 27, 2020 $0.22 1.04%
Dec 5, 2019 $0.22 1.03%
Aug 29, 2019 $0.22 0.94%
Jun 6, 2019 $0.22 1.03%
Feb 28, 2019 $0.19 1.02%
Nov 30, 2018 $0.19 1.06%
Aug 30, 2018 $0.19 0.95%
May 31, 2018 $0.19 0.95%
Mar 1, 2018 $0.16 0.97%
Nov 30, 2017 $0.16 0.93%
Aug 30, 2017 $0.16 0.94%
May 31, 2017 $0.16 0.93%
Mar 1, 2017 $0.13 1.02%
Nov 30, 2016 $0.13 1.14%
Aug 31, 2016 $0.13 1.05%
Jun 1, 2016 $0.13 1.1%
Mar 2, 2016 $0.115 2.18%
Dec 2, 2015 $0.115 3.4%
Sep 2, 2015 $0.115 4.48%
May 28, 2015 $0.52 3.1%
Mar 9, 2015 $0.52 3.07%

Baxter International dividend payout ratio

What is Baxter International dividend payout ratio compared to the sector

Payout ratio

BAX has a payout ratio of 23.7% which is lower than the Healthcare sector, the industry and its peers average. If we compare it with the Healthcare sector average of 36.9%, Baxter International's payout ratio is 36% lower.

Total amount of dividends paid per financial year (from cash flow)

BAX dividend vs peer dividends

How does BAX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MDT Medtronic plc 3.08% $2.77 93%
BAX Baxter International Inc 2.98% $1.16 23.7%
CAH Cardinal Health Inc 1.8% $2.01 57.7%
BDX Becton Dickinson & Co 1.62% $3.76 77.5%
SYK Stryker Corp 0.88% $3.15 34.7%
TMO Thermo Fisher Scientific Inc 0.24% $1.48 9.2%
OMI Owens & Minor Inc N/A N/A N/A

Frequently asked questions

Does Baxter International pay a dividend?

Yes, Baxter International has paid four dividends in the last twelve months. BAX has been paying dividends since 1995.

When was BAX's last dividend?

Baxter International's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.29 per share.

How much dividend does Baxter International pay (per share)?

BAX has paid dividend of $1.16 per share in the last year.

What is Baxter International's dividend yield?

The current dividend yield of Baxter International is 2.98%.

How often does Baxter International pay dividends?

Baxter International has a quarterly dividend frequency.

What is Baxter International's dividend payout ratio?

The dividend payout ratio of Baxter International is 23.7%.

Does Baxter International pay a good dividend?

Baxter International's dividend yield is above the Healthcare sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.