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Baxter International raises quarterly dividend

Tue, 11/15/2011 - 5:45am
The Associated Press

Drug and medical device maker Baxter International Inc. on Tuesday raised its quarterly dividend to 33.5 cents from 31 cents.

The dividend is payable on Jan. 4 to shareholders of record as of Dec. 9.

Shares of the Deerfield, Ill.-based company rose 27 cents to $54.24 in morning trading.

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