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Baxter International raises dividend 12 percent
DEERFIELD, Ill. - Specialty drug and medical device maker Baxter International Inc. said Tuesday it is increasing its quarterly dividend to 29 cents from 26 cents.
The dividend is payable Jan. 5, 2010, to shareholders of record as of Dec. 10.
Baxter shares rose 16 cents to $56.45 in morning trading.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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