Stryker declares an $0.80 per share quarterly dividend

Stryker (NYSE:SYK), a leading medical technology company, has announced a quarterly dividend of $0.80 per share.

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Rhea-AI Summary

Stryker (NYSE:SYK), a leading medical technology company, has announced a quarterly dividend of $0.80 per share. This dividend represents a 6.7% increase compared to the previous year, while remaining unchanged from the last quarter. The dividend will be payable on October 31, 2024 to shareholders of record as of the close of business on September 30, 2024. This announcement demonstrates Stryker's commitment to returning value to its shareholders and reflects the company's financial stability and confidence in its future performance.

Positive

Quarterly dividend of $0.80 per share declared
6.7% increase in dividend compared to the prior year
Consistent dividend payout, unchanged from the previous quarter

Negative

None.

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News Market Reaction – SYK

The recorded move for SYK in the trading session of this news was -0.95%.

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08/07/2024 - 08:00 AM EDT

Portage, Michigan, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.80 per share payable October 31, 2024 to shareholders of record at the close of business on September 30, 2024, representing an increase of 6.7% versus the prior year and unchanged from the previous quarter.

About Stryker

Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at www.stryker.com.

Contacts

For investor inquiries please contact:
Jason Beach, Vice President, Finance and Investor Relations at 269-385-2600 or jason.beach@stryker.com

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

FAQ

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

When will Stryker (SYK) pay its next quarterly dividend?

Stryker (SYK) will pay its next quarterly dividend of $0.80 per share on October 31, 2024.

What is the record date for Stryker's (SYK) upcoming dividend?

The record date for Stryker's (SYK) upcoming dividend is September 30, 2024, at the close of business.

How much has Stryker (SYK) increased its dividend compared to last year?

Stryker (SYK) has increased its quarterly dividend by 6.7% compared to the prior year.

Has Stryker (SYK) changed its dividend amount from the previous quarter?

No, Stryker (SYK) has maintained the same dividend amount of $0.80 per share, unchanged from the previous quarter.

Stryker declares an $0.80 per share quarterly dividend