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 $0.84 per ordinary share which will be made payable on 2025-01-31. Ex dividend date: 2024-12-31
• Stryker annual dividend for 2024 was $3.24
• Stryker annual dividend for 2023 was $3.05
• Stryker's trailing twelve-month (TTM) dividend yield is 0.85%
• 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 |
---|---|---|---|
2024-12-31 | $0.84 | quarterly | 2025-01-31 |
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 0.85%. Interested in purchasing Stryker stock? Use our calculator to estimate your expected dividend yield:
Stryker Financial Ratios
Stryker Dividend FAQ
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.
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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. 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.
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.