Company: Baxter International Inc. (BAX)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Baxter offers a variety of medical instruments and supplies to caregivers. It enhanced its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment, including hospital beds, to the portfolio, although about half of Hillrom’s revenue comes from more digitally connected offerings like its smart beds and Voalte medical communications app. From its legacy operations, Baxter offers tools to help patients with acute and chronic kidney failure, which it plans to spin off by mid-2024. It also sells a variety of injectable therapies for use in care settings, such as IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. -Morningstar.com-
Symbol: BAX
Recent Price: $36.68
Dividends: $1.16
Yield: 3.16%
Sector: Healthcare
Industry: Medical Instruments & Supplies
Address & Company Phone #: One Baxter Pkwy. Deerfield IL 60015, 224-948-2000
Transfer Agent: Computershare 888-359-8645
Moody’s Rating: Baa1
Minimum & Maximum Investment: $25 – $150,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $50.21, $31.01