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SYK Stryker dividend history, payout ratio & dates

Stryker's last quarterly dividend was on Sep 29, 2022 (ex-date) with a distribution of $0.695 per share. On an annualized basis, the company has a current payout of $2.78 per share. This brings the dividend yield to 1.22% based on its recent close price.

Key dates

  • SYK last dividend date: Sep 29, 2022
  • SYK next dividend date: Not announced
SYK dividend stats
DPS
$2.78
Dividend yield
1.22%
Payout ratio
42.8%
vs. Healthcare sector
Dividend yield
1.68%
Payout ratio
37.8%

Dividend yield

What is Stryker current dividend yield

Stryker's dividend yield of 1.22% is below the Healthcare sector and the industry average. In comparison with its Healthcare sector average of 1.68%, Stryker's dividend yield is 27% lower. The historical 5-year average of SYK's dividend yield is 1.1%, which is lower than the current yield.

Dividend history

What is SYK dividend payout history and dates

Stryker has been paying dividends since 1995. SYK has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 10% since one year ago. And with the stock price down by 7% from a year ago, the dividend yield has grown by 18%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 29, 2022 Oct 31, 2022 Aug 3, 2022 $0.695 normal
Jun 29, 2022 Jul 29, 2022 May 4, 2022 $0.695 normal
Mar 30, 2022 Apr 29, 2022 $0.695 normal
Dec 30, 2021 Jan 31, 2022 Dec 9, 2021 $0.695 normal
Sep 29, 2021 Oct 29, 2021 Aug 4, 2021 $0.63 normal
Jun 29, 2021 Jul 30, 2021 May 4, 2021 $0.63 normal
Mar 30, 2021 Apr 30, 2021 Feb 2, 2021 $0.63 normal
Dec 30, 2020 Jan 29, 2021 Dec 2, 2020 $0.63 normal
Sep 29, 2020 Oct 30, 2020 Jul 30, 2020 $0.575 normal
Jun 29, 2020 Jul 31, 2020 May 5, 2020 $0.575 normal
Mar 30, 2020 Apr 30, 2020 Feb 5, 2020 $0.575 normal
Dec 30, 2019 Jan 31, 2020 Dec 4, 2019 $0.575 normal
Sep 27, 2019 Oct 31, 2019 Jul 31, 2019 $0.52 normal
Jun 27, 2019 Jul 31, 2019 May 1, 2019 $0.52 normal
Mar 28, 2019 Apr 30, 2019 Feb 6, 2019 $0.52 normal
Dec 28, 2018 Jan 31, 2019 Dec 4, 2018 $0.52 normal
Sep 27, 2018 Oct 31, 2018 $0.47 normal
Jun 28, 2018 Jul 31, 2018 May 2, 2018 $0.47 normal
Mar 28, 2018 Apr 30, 2018 Feb 7, 2018 $0.47 normal
Dec 28, 2017 Jan 31, 2018 Dec 6, 2017 $0.47 normal
Sep 28, 2017 Oct 31, 2017 Aug 1, 2017 $0.425 normal
Jun 28, 2017 Jul 31, 2017 May 2, 2017 $0.425 normal
Mar 29, 2017 Apr 28, 2017 Feb 8, 2017 $0.425 normal
Dec 28, 2016 Jan 31, 2017 Dec 7, 2016 $0.425 normal
Sep 28, 2016 Oct 31, 2016 Jul 27, 2016 $0.38 normal
Jun 28, 2016 Jul 29, 2016 $0.38 normal
Mar 29, 2016 Apr 29, 2016 $0.38 normal
Dec 29, 2015 Jan 29, 2016 $0.38 normal
Sep 28, 2015 Oct 30, 2015 $0.345 normal

Stryker dividend payout ratio

What is Stryker dividend payout ratio compared to the sector

Payout ratio

Stryker's payout ratio of 42.8% is above the Healthcare sector average but below the industry average. Compared to its Healthcare sector average of 37.8%, Stryker's payout ratio is 13% higher.

Total amount of dividends paid per financial year (from cash flow)

SYK dividend vs peer dividends

How does SYK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MDT Medtronic plc 3.44% $2.62 67.5%
BAX Baxter International Inc 2.07% $1.14 N/A
SYK Stryker Corp 1.22% $2.78 42.8%
CNMD CONMED Corp 0.99% $0.8 N/A

Frequently asked questions

Does Stryker pay a dividend?

Yes, Stryker has paid four dividends in the last 12 months. SYK has been paying dividends since 1995.

When is Stryker's next dividend?

SYK hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2022.

When was SYK's last dividend?

Stryker's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.695 per share.

How much dividend does Stryker pay (per share)?

On an annual basis SYK pays $2.78 per share.

What is Stryker's dividend yield?

The current dividend yield of Stryker is 1.22%.

How often does Stryker pay dividends?

Stryker has a quarterly dividend frequency.

What is Stryker's dividend payout ratio?

Stryker's dividend payout ratio is 42.8%.

Does Stryker pay a good dividend?

Stryker's dividend yield is lower than the Healthcare sector average.