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Baxter International Inc. (BAX) logo

Baxter International Inc.

S&P 500

BAX/Healthcare · Medical Instruments & Supplies/NYSE

Dividend Yield

1.02%

$0.20 · Annual Dividend

Stock Price$21.55P/E86.3MCap10.2BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

38/ 100Warning

BAX's dividend shows several warning signs. Strengths include a 37.3% fcf payout ratio & 1.9x current ratio. Areas of concern: 307.7% earnings payout ratio & 1450.0% cfo payout ratio.

Based on 15 of 15 metrics

Strengths

  • FCF Payout Ratio: 37.3%Free cash flow comfortably covers the dividend.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Earnings Payout Ratio: 307.7%High earnings payout ratio leaves little safety margin.
  • CFO Payout Ratio: 1450.0%Operating cash flow leaves little room for the payout.
  • Interest Coverage: -0.7xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Warning
37.3%Very Safe
1450.0%Danger

Balance Sheet

Caution

Profitability

Warning
-15.0%Danger
6.0%Warning
33.0%Caution

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
UnstableDanger

About Baxter International Inc.

Baxter International Inc. is a multinational healthcare company headquartered in Deerfield, Illinois, founded in 1931. It provides a broad portfolio of essential medical products and therapies focused on treating chronic and acute conditions in hospital and renal care settings. The company operates through key segments including Medical Products and Therapies, which encompass advanced surgery technologies to enhance surgical techniques, infusion therapies with sterile intravenous solutions, infusion systems and devices, and parenteral nutrition; Healthcare Systems and Technologies, offering smart bed systems, patient monitoring and diagnostic tools, respiratory health devices, and surgical equipment; and Pharmaceuticals, producing inhaled anesthetics and generic injectable pharmaceuticals for pain management, critical care, anti-infection, and oncology. These offerings support acute care, nutritional support, and surgical interventions worldwide, serving healthcare providers with innovative solutions for patient care across Americas, EMEA, and Asia-Pacific regions. Baxter International Inc. plays a vital role in advancing hospital-based care and connectivity solutions.

Dividend Overview

Dividend Yield

1.02%

Annual Dividend

$0.20

Frequency

Quarterly

Payout Ratio

307.69%

FCF Payout Ratio

37.25%

52-Week Range

$15.73 - $31.76

Dividend History (2016–2025)

BAX annual dividend per share and yield history

Earnings & Profitability

BAX earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 29, 2026

Next Payment Date

July 1, 2026

Dividend Growth

3-Year Dividend CAGR

-23.25%

5-Year Dividend CAGR

-11.45%

10-Year Dividend CAGR

-4.16%

3-Year Total Growth

-54.78%

5-Year Total Growth

-45.55%

10-Year Total Growth

-34.58%

Income Calculator

BAX Dividend Calculator

Total Investment

$2,155.00

Annual Income

$20.00

Quarterly Income

$5.00

Monthly Income

$1.67

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Frequently Asked Questions

What is BAX's current dividend yield?
Baxter International Inc. (BAX) currently has a dividend yield of 1.02%, based on a stock price of $21.55 and an annual dividend of $0.20.
When is BAX's next dividend payment date?
BAX's next ex-dividend date is 2026-05-29 and the next payment date is 2026-07-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does BAX pay in dividends per year?
Baxter International Inc. paid $0.52 per share in annual dividends in 2025. The dividends are paid quarterly.
Has BAX been increasing its dividend?
Baxter International Inc. has grown its dividend at a 5-year CAGR of -11.45% and a 10-year CAGR of -4.16%.
Is BAX's dividend safe?
Baxter International Inc. has a payout ratio of 307.69%. Its free cash flow payout ratio is 37.25%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is BAX's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Baxter International Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.