Sunday, May 19, 2019

Dividend raise: Baxter (+16%)

Baxter International Inc. (BAX) announced earlier in May an approximately 16% increase in the company’s quarterly dividend rate. This rate increase was made in connection with the declaration of a quarterly cash dividend of $0.22 per share of common stock (up from $0.19 per share).

I own 22 shares of BAX, so my annual dividend income increased with just over € 2. This is my 15th dividend raise in 2019 so far. All these raises combined have added almost € 42 to my annual dividend income. Even though the raises tend to be a little bit smaller than last year, let's keep it up!


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