Stryker declares a $0.75 per share quarterly dividend

Rhea-AI Summary

Stryker (NYSE:SYK) has announced a 7.9% increase in its quarterly dividend to $0.75 per share, payable on October 31, 2023. The company is a leading medical technology firm, offering innovative products and services in Medical and Surgical, Neurotechnology, Orthopaedics, and Spine, impacting over 130 million patients annually.

Positive

• The 7.9% increase in quarterly dividend reflects strong financial performance and commitment to shareholders.
• Stryker's focus on improving patient and healthcare outcomes through innovative products and services is likely to maintain its market position and drive future growth.

Negative

• None.

Kalamazoo, Michigan, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.75 per share payable October 31, 2023 to shareholders of record at the close of business on September 29, 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 announced by Stryker (NYSE:SYK)?

Stryker has announced a quarterly dividend of $0.75 per share.

What does Stryker specialize in?

Stryker specializes in Medical and Surgical, Neurotechnology, Orthopaedics, and Spine, offering innovative products and services.

How many patients does Stryker impact annually?

Stryker impacts over 130 million patients annually with its products and services.