Baxter International (BAX) Dividend History & Yield

Baxter International (BAX) has increased its dividend for multiple years and currently yields 2.16%. The most recent payment was $0.0100/share on Feb 27, 2026, paid Quarterly.

Current Yield

2.16%

TTM Dividend/Share

$0.36

Payment Frequency

Quarterly

Payout Ratio

-36.4%

Consecutive Growth Years

0

Div Growth (1Y CAGR)

-50.00%

Div Growth (5Y CAGR)

-11.45%

Div Growth (10Y CAGR)

-4.16%

Dividend Safety Score

2 out of 5 checks passed

Payout ratio below 75%

Payout ratio is -36.4%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($0.63) covers dividend/share ($0.36).

No dividend cuts in 10+ years

2 dividend cut(s) in the last 10 years.

Positive earnings growth trend

Earnings per share have declined over the past 5 years.

10+ years of consecutive growth

Only 0 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Feb 27, 2026

    Payment date
    Apr 1, 2026
    Dividend
    $0.0100
    Adj. dividend
    $0.0100
    Yield (ex-date)
    1.77%
  • Ex-date Nov 28, 2025

    Payment date
    Jan 2, 2026
    Dividend
    $0.0100
    Adj. dividend
    $0.0100
    Yield (ex-date)
    2.77%
  • Ex-date Aug 29, 2025

    Payment date
    Oct 1, 2025
    Dividend
    $0.1700
    Adj. dividend
    $0.1700
    Yield (ex-date)
    2.75%
  • Ex-date May 30, 2025

    Payment date
    Jul 1, 2025
    Dividend
    $0.1700
    Adj. dividend
    $0.1700
    Yield (ex-date)
    2.62%
  • Ex-date Feb 28, 2025

    Payment date
    Apr 1, 2025
    Dividend
    $0.1700
    Adj. dividend
    $0.1700
    Yield (ex-date)
    2.67%
  • Ex-date Nov 29, 2024

    Payment date
    Jan 2, 2025
    Dividend
    $0.1700
    Adj. dividend
    $0.1700
    Yield (ex-date)
    3.09%
  • Ex-date Aug 30, 2024

    Payment date
    Oct 1, 2024
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    3.06%
  • Ex-date May 31, 2024

    Payment date
    Jul 1, 2024
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    3.40%
  • Ex-date Feb 29, 2024

    Payment date
    Apr 1, 2024
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    2.83%
  • Ex-date Nov 30, 2023

    Payment date
    Jan 2, 2024
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    3.22%
  • Ex-date Aug 31, 2023

    Payment date
    Oct 2, 2023
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    2.86%
  • Ex-date Jun 1, 2023

    Payment date
    Jul 3, 2023
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    2.81%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 3.55%5Y: 2.79%10Y: 1.92%

Dividend Growth

CAGR (per year)1Y: -50.00%5Y: -11.45%10Y: -4.16%↓ Decelerating

Dividend Increase Track Record

The table shows 31 year-over-year increases across 44 calendar years of data (19822025).

YearPrevious DPSNew DPSChange
2026$0.5200
2025$1.0400$0.5200-50.0%
2024$1.1600$1.0400-10.3%
2023$1.1500$1.1600+0.9%
2022$1.0850$1.1500+6.0%
2021$0.9550$1.0850+13.6%
2020$0.8500$0.9550+12.4%
2019$0.7300$0.8500+16.4%
2018$0.6100$0.7300+19.7%
2017$0.5050$0.6100+20.8%
2016$0.7949$0.5050-36.5%
2015$1.1135$0.7949-28.6%
2014$1.0429$1.1135+6.8%
2013$0.8528$1.0429+22.3%
2012$0.6871$0.8528+24.1%
2011$0.6410$0.6871+7.2%
2010$0.5812$0.6410+10.3%
2009$0.4965$0.5812+17.1%
2008$0.3922$0.4965+26.6%
2007$0.3161$0.3922+24.1%
2006$0.3161$0.31610.0%
2005$0.3161$0.31610.0%
2004$0.3161$0.31610.0%
2003$0.3161$0.31610.0%
2002$0.3161$0.31610.0%
2001$1.0530$0.3161-70.0%
2000$0.3153$1.0530+233.9%
1999$0.3153$0.31530.0%
1998$0.3140$0.3153+0.4%
1997$1.2952$0.3140-75.8%
1996$0.3009$1.2952+330.4%
1995$0.2781$0.3009+8.2%
1994$0.2716$0.2781+2.4%
1993$0.2175$0.2716+24.9%
1992$0.1825$0.2175+19.2%
1991$0.1579$0.1825+15.6%
1990$0.1381$0.1579+14.3%
1989$0.1233$0.1381+12.0%
1988$0.1085$0.1233+13.6%
1987$0.0987$0.1085+10.0%
1986$0.0908$0.0987+8.7%
1985$0.0809$0.0908+12.2%
1984$0.0691$0.0809+17.1%
1983$0.0567$0.0691+21.7%
1982$0.0567

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does Baxter International pay dividends?

Yes, Baxter International (BAX) pays quarterly dividends of approximately $0.36 per share annually, yielding 2.16%.

What is Baxter International's dividend yield?

Baxter International (BAX) has a current dividend yield of 2.16%.

Is Baxter International's dividend safe?

Baxter International (BAX) passes 2 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

Is Baxter International a yield trap?

Baxter International (BAX) shows 2 warning signals: Dividend growth rate declining for multiple years; Dividends declining for 3+ consecutive years. Investors should review fundamentals carefully.

How many consecutive years has Baxter International increased its dividend?

Baxter International (BAX) has 0 consecutive years of dividend increases.

What is Baxter International's dividend payout ratio?

Baxter International (BAX) has a dividend payout ratio of -36.4%.