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Baxter International (Baxter International) 3-Year Dividend Growth Rate

: 6.70% (As of Dec. 2023)
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Baxter International's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

The historical rank and industry rank for Baxter International's 3-Year Dividend Growth Rate or its related term are showing as below:

BAX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.9   Med: 11.7   Max: 75.8
Current: 6.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Baxter International was 75.80% per year. The lowest was -35.90% per year. And the median was 11.70% per year.

BAX's 3-Year Dividend Growth Rate is ranked worse than
65.52% of 174 companies
in the Medical Devices & Instruments industry
Industry Median: 12.45 vs BAX: 6.70

During the past 12 months, Baxter International's average Dividends Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Baxter International's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.33. As of today, Baxter International's Dividend Yield % is 2.90%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Baxter International Inc is 1.58, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Medical Instruments & Supplies subindustry, Baxter International's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baxter International 3-Year Dividend Growth Rate Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Baxter International's 3-Year Dividend Growth Rate falls into.



Baxter International 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Baxter International  (NYSE:BAX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Baxter International's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.29/ 0.88
=0.33

During the past 13 years, the highest Dividend Payout Ratio of Baxter International was 2.62. The lowest was 0.12. And the median was 0.45.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Baxter International Inc is 1.58, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Baxter International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2902024-02-292024-03-012024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-302023-12-012024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-08-312023-09-012023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-06-012023-06-022023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Baxter International's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.16/40.04
=2.90 %

Current Share Price is $40.04.
Baxter International's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.16.

During the past 13 years, the highest Dividend Yield of Baxter International was 6.04%. The lowest was 0.84%. And the median was 1.32%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Baxter International 3-Year Dividend Growth Rate Related Terms>


Baxter International (Baxter International) Business Description

Address
One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter offers a variety of medical instruments and supplies to caregivers. It enhanced its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment, including hospital beds, to the portfolio, although about half of Hillrom's revenue comes from more digitally connected offerings like its smart beds and Voalte medical communications app. From its legacy operations, Baxter offers tools to help patients with acute and chronic kidney failure, which it plans to spin off by mid-2024. It also sells a variety of injectable therapies for use in care settings, such as IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents.
Executives
Joel T. Grade officer: EVP, Chief Financial Officer SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Stephen H Rusckowski director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Ampofo William A. Ii director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Christopher A. Toth officer: EVP, Group Pres, Kidney Care 1252 COOLIDGE AVE., SAN JOSE CA 95125
Stroucken Albert P L director BAXTER INTERNATIONAL INC., ONE BAXTER PARKWAY, DEERFIELD IL 60015
Reaz Rasul officer: EVP, Group Pres, Healthcare ONE BAXTER PARKWAY, DEERFIELD IL 60015
Alok Sonig officer: EVP, Group President, Pharm ONE BAXTER PARKWAY, DEERFIELD IL 60015
Heather Knight officer: EVP, Group Pres, Medical ONE BAXTER PARKWAY, DEERFIELD IL 60015
Jacqueline Kunzler officer: SVP, Chief Quality Officer ONE BAXTER PARKWAY, DEERFIELD IL 60015
Jeanne K Mason officer: CVP, Human Resources ONE BAXTER PARKWAY, DEERFIELD IL 60015
Steven Flynn officer: SVP, President, APAC ONE BAXTER PARKWAY, DEERFIELD IL 60015
Peter M Wilver director
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Amy Mcbride Wendell director COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Cathy R Smith director TARGET CORPORATION, 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403

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