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Showing posts with the label Stryker

Stryker hikes dividend by 4.8%

Stryker (SYK) will hike its dividend by 4.8% to 88 cents quarterly in 2025. This marks 30 consecutive years of increases. The dividend yield for SYK is 1% at $352. Disclaimer:  The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

Stryker hikes dividend by 5% to $0.84 quarterly

Stryker (SYK) has declared a quarterly dividend of 84 cents per share, up 5% from the previous dividend of 80 cents. This new hike for 2024 marks the 29th consecutive year of increased dividends by SYK.

Stryker hikes dividend by 7.9%

Stryker (SYK) announced that its Board of Directors has declared a quarterly dividend of $0.75 per share payable January 31, 2023 to shareholders of record at the close of business on December 30, 2022, representing an increase of  7.9% versus the prior year and previous quarter.   “We remain confident in our growth outlook, despite the challenging macroeconomic environment”, said Kevin Lobo, Chair & CEO.  “Consequently, we are proceeding with a steady increase in our dividend to $0.75 per share, reflecting 7.9% growth”. Stryker Corporation is a medical technology company. The company offers products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine. Stryker's products include  implants used in hip and knee joint replacements and trauma and extremities surgeries,  surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable pr...

Stryker hikes dividend by 10.3%

Stryker hikes dividend by 9.6%

Stryker Corp (SYK) will raise its quarterly dividend by 9.6 percent to 63 cents per share in 2020. This comes after a 10.6 percent to $0.575 per share in 2019. The medical technology company has now increased its dividend for 25 straight years. The next dividend is payable January 29, 2021 to shareholders of record at the close of business on December 31, 2020. A new annualized dividend rate of  $2.52 per share yields 1.1% at a stock price of $234.78. From the company's press release dated December 2, announcing this new dividend hike: “We continue to drive solid financial results in a challenging environment, and consistent with our stated capital allocation philosophy, are raising our dividend 9.6%," said Kevin Lobo, Chairman and Chief Executive Officer.  Stryker Corporation has raised its dividend 25 consecutive years and is a candidate to be added to the S&P500 Dividend Aristocrats. This year new Dividend Aristocrat Ross Stores was deleted from the index following a di...

Stryker hikes dividend by 10.6%

Stryker Corp (SYK) will raise its quarterly dividend by 10.6 percent to $0.575 per share in 2019. Last year the medical technology company also hiked its dividend by 10.6 percent. The next dividend is payable on January 31, 2020 to shareholders of record at the close of business on December 31, 2019. A new annualized dividend rate of  $2.30 per share yields 1.1% at a stock price of $204. “We continue to deliver strong financial results, and consistent with our stated capital allocation philosophy, are raising our dividend 11%," said Kevin Lobo, Chairman and Chief Executive Officer. Stryker Corporation is a medical technology company. The company offers products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine. Stryker's products include  implants used in hip and knee joint replacements and trauma and extremities surgeries,  surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergen...

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