Stryker declares a $0.75 per share quarterly dividend

Rhea-AI Summary

Stryker (NYSE:SYK) has declared a quarterly dividend of $0.75 per share, payable on April 28, 2023, to shareholders on record as of March 31, 2023. This dividend reflects a 7.9% increase compared to the previous year, although it remains unchanged from the last quarter. As a leading medical technology company, Stryker aims to enhance healthcare outcomes globally, impacting over 130 million patients annually with its innovative medical products and services across various sectors including neurotechnology, orthopaedics, and spine.

Positive

• Quarterly dividend increased by 7.9% compared to the prior year, indicating strong financial health.
• Dividend amount of $0.75 per share reflects commitment to returning value to shareholders.

Negative

• None.

Kalamazoo Michigan,, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.75 per share payable April 28, 2023 to shareholders of record at the close of business on March 31, 2023, representing an increase of 7.9% 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 Medical and Surgical, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 130 million patients annually.  More information is available at www.stryker.com.

Contacts

For investor inquiries please contact:
Jason Beach, Vice President, 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

What is the dividend amount declared by Stryker for April 2023?

Stryker has declared a dividend of $0.75 per share.

When will Stryker pay its quarterly dividend?

The quarterly dividend will be paid on April 28, 2023.

What was the percentage increase of Stryker's dividend compared to last year?

The dividend increased by 7.9% compared to the previous year.

When is the record date for Stryker's dividend?

The record date for the dividend is March 31, 2023.

How often does Stryker pay dividends?

Stryker typically pays dividends quarterly.