Stryker declares a $0.575 per share quarterly dividend

Stryker (NYSE: SYK) has declared a quarterly dividend of $0.575 per share, payable on October 30, 2020, to shareholders on record as of September 30, 2020.

Rhea-AI Summary

Stryker (NYSE: SYK) has declared a quarterly dividend of $0.575 per share, payable on October 30, 2020, to shareholders on record as of September 30, 2020. This dividend represents an increase of approximately 11% compared to the previous year, although it remains unchanged from the last quarter. Stryker continues to lead in the medical technology sector, offering innovative solutions across Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, aimed at improving patient and hospital outcomes.

Positive

• Quarterly dividend increased by 11% year-over-year.
• Innovative product offerings in medical technology enhance market position.

Negative

• None.

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News Market Reaction – SYK

The recorded move for SYK in the trading session of this news was -0.60%.

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Kalamazoo, Michigan, July 30, 2020 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.575 per share payable October 30, 2020 to shareholders of record at the close of business on September 30, 2020, representing an increase of approximately 11% versus the prior year and unchanged from the previous quarter. 

Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. More information is available at www.stryker.com.

Contacts

For investor inquiries please contact:
Preston Wells, Vice President, Investor Relations at 269-385-2600 or preston.wells@stryker.com 

For media inquiries please contact:
Yin Becker, Vice President, Communications, Public Affairs and Corporate Marketing at 269-385-2600 or yin.becker@stryker.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Stryker (SYK)?

Stryker has declared a quarterly dividend of $0.575 per share.

When will Stryker's dividend be paid?

The dividend will be paid on October 30, 2020.

What is the record date for Stryker's dividend?

The record date for the dividend is September 30, 2020.

How does the recent dividend compare to last year?

The dividend represents an increase of approximately 11% compared to the prior year.