Baxter International Stock To Go Ex-dividend Tomorrow (BAX)

NEW YORK ( TheStreet) -- The ex-dividend date for Baxter International (NYSE: BAX) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $57.52 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Baxter International has been 3.7 million shares per day over the past 30 days. Baxter International has a market cap of $30.23 billion and is part of the health care sector and health services industry. Shares are up 16.9% year to date as of the close of trading on Monday.

Baxter International Inc., through its subsidiaries, develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. The company has a P/E ratio of 14.9, above the average health services industry P/E ratio of 14.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Baxter International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Baxter International Ratings Report.

See our dividend calendar or top-yielding stocks list.

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