Stryker declares a $0.63 per share quarterly dividend

Rhea-AI Summary

Stryker (NYSE:SYK) announced a quarterly dividend of $0.63 per share, payable on October 29, 2021, to shareholders of record as of September 30, 2021. This reflects a 9.6% increase compared to the previous year and remains unchanged from the last quarter. Stryker is a prominent player in the medical technology sector, focusing on enhancing healthcare through innovative products and services across various specialties including Orthopaedics, Medical and Surgical, and Neurotechnology.

Positive

• Quarterly dividend increased by 9.6% compared to the previous year
• Dividend remains consistent from the previous quarter, indicating stable cash flow

Negative

• None.

Kalamazoo, Michigan, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.63 per share payable October 29, 2021 to shareholders of record at the close of business on September 30, 2021, representing an increase of 9.6% 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, Chief Corporate Affairs Officer at 269-385-2600 or yin.becker@stryker.com

FAQ

What is the dividend amount for Stryker (SYK) in 2021?

Stryker declared a quarterly dividend of $0.63 per share.

When will the dividend for Stryker (SYK) be paid?

The dividend will be paid on October 29, 2021.

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

The record date for the dividend is September 30, 2021.

How does the latest dividend compare to previous ones for Stryker (SYK)?

The latest dividend represents a 9.6% increase compared to the prior year.

Is Stryker's (SYK) dividend sustainable?

The consistency in dividend payments suggests a stable cash flow, indicating sustainability.