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Baxter International (WBO:BAX) Dividend Payout Ratio : 0.59 (As of Sep. 2024)


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What is Baxter International Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Baxter International's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.59.

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 0.78, which seems too high.

The historical rank and industry rank for Baxter International's Dividend Payout Ratio or its related term are showing as below:

WBO:BAX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.45   Max: 2.62
Current: 0.79


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.

WBO:BAX's Dividend Payout Ratio is ranked worse than
78.05% of 287 companies
in the Medical Devices & Instruments industry
Industry Median: 0.44 vs WBO:BAX: 0.79

As of today (2024-12-12), the Dividend Yield % of Baxter International is 3.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Baxter International was 6.04%. The lowest was 0.84%. And the median was 1.23%.

Baxter International's Dividends per Share for the months ended in Sep. 2024 was €0.26.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Baxter International Dividend Payout Ratio Historical Data

The historical data trend for Baxter International's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Baxter International Dividend Payout Ratio Chart

Baxter International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.41 0.53 - 0.22

Baxter International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.04 0.33 3.38 9.96 0.59

Competitive Comparison of Baxter International's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, Baxter International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Baxter International's Dividend Payout Ratio falls into.



Baxter International Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ Earnings per Share (Diluted) (A: Dec. 2023 )
=1.064/ 4.814
=0.22

Baxter International's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.261/ 0.441
=0.59

* 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 (WBO:BAX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Baxter International Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Baxter International's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Baxter International Business Description

Address
One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter offers a variety of medical supplies and equipment to providers. From its legacy operations, Baxter sells injectable therapies for use in care settings, including IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. Baxter expanded its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment like hospital beds, operating room equipment, and patient monitoring tools to the portfolio. Baxter has signed an agreement to sell its kidney care tools by early 2025.