Credit: Shutterstock photoBaxter International Inc. ( BAX ) will begin trading ex-dividend on June 04, 2014. A cash dividend payment of $0.52 per share is scheduled to be paid on July 01, 2014. Shareholders who purchased BAX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.12% increase over the prior quarter. At the current stock price of $74.23, the dividend yield is 2.8%.
The previous trading day's last sale of BAX was $74.23, representing a -2.17% decrease from the 52 week high of $75.88 and a 18.2% increase over the 52 week low of $62.80.
BAX is a part of the Health Care sector, which includes companies such as 3M Company ( MMM ) and Covidien plc. ( COV ). BAX's current earnings per share, an indicator of a company's profitability, is $3.66. Zacks Investment Research reports BAX's forecasted earnings growth in 2014 as 10.12%, compared to an industry average of 15.1%.
For more information on the declaration, record and payment dates, visit the BAX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to BAX through an Exchange Traded Fund [ETF]?
The following ETF(s) have BAX as a top-10 holding:
- iShares U.S. Medical Devices ETF ( IHI )
- Market Vectors Wide Moat ETF ( MOAT )
- Guggenheim S&P 500 Equal Weight Healthcare ETF ( RYH )
- SPDR S&P Health Care Equipment ( XHE )
- Schwab US Dividend Equity ETF ( SCHD ).
The top-performing ETF of this group is RYH with an increase of 8.89% over the last 100 days. IHI has the highest percent weighting of BAX at 7.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.