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Stryker (SYK) Dividend Yield, Date & History

Stryker logo
$364.60 +7.46 (+2.09%)
(As of 12/20/2024 05:30 PM ET)

Stryker Dividend Summary

Dividend Yield
0.92%
Annual Dividend
$3.36
Next
Dividend Payment
Jan. 31
Dividend Increase
Track Record
32 Years
Annualized 3-Year
Dividend Growth
9.00%
Dividend Payout Ratio
36.01%

Stryker (SYK) pays an annual dividend of $3.36 per share, with a dividend yield of 0.92%. The next quarterly payment of $0.84 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Tuesday, December 31. SYK has grown its dividend for 32 consecutive years, with an average annual increase of 2.91%. The company currently pays out 36.01% of its earnings and 25.75% of its cash flow as dividends.

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SYK Dividend Payments by Quarter

The chart below displays up to four years of Stryker's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SYK Dividend Yield Over Time

The chart below tracks Stryker's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Stryker vs. The Competition

Compare Stryker's annual dividend, yield, and 3-year growth rate with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeStrykerMedical CompaniesNYSE Companies
Annual Dividend$3.36$0.06$1.39
Dividend Yield0.92%5.09%3.62%
Annualized 3-Year Dividend Growth9.00%16.19%15.78%
Track Record32 years23 years24 years

Stryker Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings36.01%
Based on This Year's Estimate27.86%
Based on Next Year's Estimate24.82%
Based on Cashflow25.75%

Stryker Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/10/2024quarterly$0.84+$0.04
5.00%
0.88%12/31/202412/31/20241/31/2025
8/7/2024quarterly$0.80 - 1%9/30/20249/30/202410/31/2024
5/9/2024Quarterly$0.80 - 0.97%6/28/20246/28/20247/31/2024
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2/7/2024Quarterly$0.80 - 0.93%3/27/20243/29/20244/30/2024
12/5/2023Quarterly$0.80+$0.05
6.67%
1.1%12/28/202312/29/20231/31/2024
8/2/2023quarterly$0.75 - 1.09%9/28/20239/29/202310/31/2023
5/10/2023Quarterly$0.75 - 1.05%6/29/20236/30/20237/31/2023
2/9/2023quarterly$0.75 - 1.12%3/30/20233/31/20234/28/2023

This table shows Stryker's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Stryker Dividend - Frequently Asked Questions

The current dividend yield for Stryker is 0.92%. Learn more on SYK's dividend yield history.

The annual dividend for SYK shares is $3.36. Learn more on SYK's annual dividend history.

Stryker pays quarterly dividends to shareholders.

Stryker's next quarterly dividend payment of $0.84 per share will be made to shareholders on Friday, January 31, 2025.

Stryker's most recent quarterly dividend payment of $0.80 per share was made to shareholders on Thursday, October 31, 2024.

Stryker's next ex-dividend date is Tuesday, December 31, 2024.

Stryker's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 9.00% per year.

Stryker has increased its dividend for the past 32 consecutive years.

The most recent change in the company's dividend was an increase of $0.04 on Tuesday, December 10, 2024.

The dividend payout ratio for SYK is:
  • 36.01% based on the trailing year of earnings
  • 27.86% based on this year's estimates
  • 24.82% based on next year's estimates
  • 25.75% based on cash flow

Stryker's dividend yield of 0.86% is lower than the average Medical company that issues a dividend. The company's 32 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Stryker's dividend payout ratio of 36.01% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Stryker stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:SYK) was last updated on 12/22/2024 by MarketBeat.com Staff
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