Stryker Raises Dividend for 30th Year in a Row

Stryker (SYK) raised its quarterly dividend by 7.9% to 75 cents per share. This is SYK’s 30th annual dividend hike in a row.

Kalamazoo, Michigan, Dec. 07, 2022 (GLOBE NEWSWIRE) — Stryker (NYSE: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”.

Posted by on December 7th, 2022 at 10:57 am


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