Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.
Stryker Dividend Announcement
• Stryker announced a quarterly dividend of $0.80 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-09-30
• Stryker annual dividend for 2024 was $2.40
• Stryker annual dividend for 2023 was $3.05
• Stryker's trailing twelve-month (TTM) dividend yield is 0.83%
• Stryker's payout ratio for the trailing twelve months (TTM) is 33.40%
• Stryker's dividend growth over the last five years (2018-2023) was 9.58% year
• Stryker's dividend growth over the last ten years (2013-2023) was 10.74% year
Stryker Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.80 | quarterly | 2024-10-31 |
| 2024-06-28 | $0.80 | quarterly | 2024-07-31 |
| 2024-03-27 | $0.80 | quarterly | 2024-04-30 |
| 2023-12-28 | $0.80 | quarterly | 2024-01-31 |
| 2023-09-28 | $0.75 | quarterly | 2023-10-31 |
| 2023-06-29 | $0.75 | quarterly | 2023-07-31 |
| 2023-03-30 | $0.75 | quarterly | 2023-04-28 |
| 2022-12-29 | $0.75 | quarterly | 2023-01-31 |
| 2022-09-29 | $0.69 | quarterly | 2022-10-31 |
| 2022-06-29 | $0.69 | quarterly | 2022-07-29 |
| 2022-03-30 | $0.69 | quarterly | 2022-04-29 |
| 2021-12-30 | $0.69 | quarterly | 2022-01-31 |
| 2021-09-29 | $0.63 | quarterly | 2021-10-29 |
| 2021-06-29 | $0.63 | quarterly | 2021-07-30 |
| 2021-03-30 | $0.63 | quarterly | 2021-04-30 |
| 2020-12-30 | $0.63 | quarterly | 2021-01-29 |
| 2020-09-29 | $0.57 | quarterly | 2020-10-30 |
| 2020-06-29 | $0.57 | quarterly | 2020-07-31 |
| 2020-03-30 | $0.57 | quarterly | 2020-04-30 |
| 2019-12-30 | $0.57 | quarterly | 2020-01-31 |
| 2019-09-27 | $0.52 | quarterly | 2019-10-31 |
| 2019-06-27 | $0.52 | quarterly | 2019-07-31 |
| 2019-03-28 | $0.52 | quarterly | 2019-04-30 |
| 2018-12-28 | $0.52 | quarterly | 2019-01-31 |
| 2018-09-27 | $0.47 | quarterly | 2018-10-31 |
| 2018-06-28 | $0.47 | quarterly | 2018-07-31 |
| 2018-03-28 | $0.47 | quarterly | 2018-04-30 |
| 2017-12-28 | $0.47 | quarterly | 2018-01-31 |
| 2017-09-28 | $0.42 | quarterly | 2017-10-31 |
| 2017-06-28 | $0.42 | quarterly | 2017-07-31 |
| 2017-03-29 | $0.42 | quarterly | 2017-04-28 |
| 2016-12-28 | $0.42 | quarterly | 2017-01-31 |
| 2016-09-28 | $0.38 | quarterly | 2016-10-31 |
| 2016-06-28 | $0.38 | quarterly | 2016-07-29 |
| 2016-03-29 | $0.38 | quarterly | 2016-04-29 |
| 2015-12-29 | $0.38 | quarterly | 2016-01-29 |
| 2015-09-28 | $0.34 | quarterly | 2015-10-30 |
| 2015-06-26 | $0.34 | quarterly | 2015-07-31 |
| 2015-03-27 | $0.34 | quarterly | 2015-04-30 |
| 2014-12-29 | $0.34 | quarterly | 2015-01-30 |
| 2014-09-26 | $0.30 | quarterly | 2014-10-31 |
| 2014-06-26 | $0.30 | quarterly | 2014-07-31 |
| 2014-03-27 | $0.30 | quarterly | 2014-04-30 |
| 2013-12-27 | $0.30 | quarterly | 2014-01-31 |
| 2013-09-26 | $0.27 | quarterly | 2013-10-31 |
| 2013-06-26 | $0.27 | quarterly | 2013-07-31 |
| 2013-03-26 | $0.27 | quarterly | 2013-04-30 |
Stryker Dividend per year
Stryker Dividend growth
Stryker Dividend Yield
Stryker current trailing twelve-month (TTM) dividend yield is 0.83%. Interested in purchasing Stryker stock? Use our calculator to estimate your expected dividend yield:
Stryker Financial Ratios
P/E ratio40.69
PEG ratio-1.77
P/B ratio7.25
ROE18.49%
Payout ratio33.40%
Current ratio1.91
Quick ratio1.22
Cash Ratio0.50
Stryker Dividend FAQ
How much is the next Stryker dividend?
Stryker's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Stryker dividend. The next Stryker dividend will be released in March, June, September, or December.
When is Stryker dividend paid?
Stryker pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Stryker pay?
The specific amount of Stryker dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Stryker's dividend history.
Does Stryker stock pay dividends?
Yes, Stryker does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Stryker's dividend history.
How much dividend does Stryker pay?
Stryker paid $2.4 in 2024, $3.05 in 2023, $2.835 in 2022, $2.585 in 2021, and $2.355 in 2020.
How often does Stryker pay dividends?
Stryker typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Stryker's dividend yield?
The current dividend yield for Stryker is 0.83%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Stryker's exact dividend yield.
When does Stryker go ex dividend?
Stryker's ex-dividend date for the latest dividend was on 2024-09-30. Stryker typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Stryker dividend paid?
Stryker pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Stryker increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Stryker will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Stryker dividend per share?
Stryker paid $2.4 per share in 2024 and $3.05 per share in 2023. The amount of dividend per share that Stryker pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Stryker a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Stryker a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Stryker a dividend stock?
Yes, Stryker is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Stryker a good dividend stock?
Whether Stryker is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Stryker has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Stryker as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Stryker as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Stryker pay dividends monthly?
Stryker typically pays dividends on a quarterly basis.
Does Stryker pay dividends quarterly?
Stryker currently pays dividends on a quarterly basis.
Has Stryker ever paid a dividend?
Yes, Stryker has a history of paying dividends to its shareholders. Stryker is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Stryker dividend stocks?
To buy Stryker you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Stryker stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Stryker stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Stryker pay dividends 2024?
Stryker pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Stryker increase its dividend in 2024?
Decisions regarding Stryker dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Stryker dividend overview you can look into the above table of dividend history.
How Stryker dividend works?
The Stryker dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Stryker's dividend process works:
1. Determination of Dividend: Stryker's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Stryker publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Stryker distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Stryker are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Stryker's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Stryker publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Stryker distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Stryker are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Stryker dividends paid?
Stryker dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Stryker sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Stryker distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stryker declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Stryker sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Stryker distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stryker declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Stryker pay dividends?
Stryker typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Stryker pay dividends?
The general pattern is that Stryker pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Stryker dividend safe?
The safety of Stryker's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Stryker's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Stryker's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Stryker's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Stryker's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.