Baxter International (WBO:BAX) Dividend Payout Ratio

: 0.33 (As of Dec. 2023)

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Baxter International's dividend payout ratio for the months ended in Dec. 2023 was 0.33.

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.

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: 1.6

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
94.29% of 280 companies
in the Medical Devices & Instruments industry
Industry Median: 0.4 vs WBO:BAX: 1.60

As of today (2024-04-24), the Dividend Yield % of Baxter International is 2.84%.

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 1.32%.

Baxter International's Dividends per Share for the months ended in Dec. 2023 was €0.27.

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.

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.

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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.45

0.41

0.53

0.22

Baxter International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	3.43	-	3.28	0.33

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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 Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.266	/	0.807
	=	0.33

Baxter International (WBO:BAX) Dividend Payout Ratio Explanation

In dividends investing, 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 (WBO:BAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baxter International Inc (WBO:BAX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BAX:USA 1BAX:Italy BTL:Germany

Address

One Baxter Parkway, Deerfield, IL, USA, 60015

Website

https://www.baxter.com

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.