Published May 3, 2016 8:35am EDT | Updated May 3, 2016 11:04am EDT

Baxter International Raises Quarterly Dividend To 13 Cents Per Share

Baxter International Inc. said Tuesday that it is raising its quarterly dividend to 13 cents per share from 11.5 cents per share. The dividend is payable on July 1 to shareholders of record as of June 3. The company, which provides renal and hospital products, will have an investor conference on May 9 in New York City. Baxter shares are unchanged in premarket trading, but up 17.2% for the year so far. The S&P 500 is up 1.8% for the year to date.