Baxter Cuts Dividend by 41% Ahead of Kidney-Care Unit Sale

By MarketWatch | Nov 12, 2024 at 06:36 AM EST

Baxter International has decreased its dividend by 41% in preparation for the $3.8 billion sale of its kidney-care segment to Carlyle Group. The new quarterly dividend is 17 cents, down from 29 cents, reflecting a 2% annual yield based on the closing price.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.