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SYK Stryker dividend history, payout ratio & dates

Stryker's last quarterly dividend was on Mar 27, 2024 (ex-date) with a distribution of $0.8 per share. On an annualized basis, the company has a current payout of $3.1 per share. This brings the dividend yield to 0.92% based on its recent close price.

Key dates

  • SYK last dividend date: Mar 27, 2024
  • SYK next dividend date: Not announced
SYK dividend stats
DPS
$3.1
Dividend yield
0.92%
Payout ratio
37.2%
vs. Healthcare sector
Dividend yield
1.93%
Payout ratio
35.4%

Dividend yield

What is Stryker current dividend yield

Stryker's dividend yield of 0.92% is below the Healthcare sector, the industry and its peers average. In comparison with its Healthcare sector average of 1.93%, Stryker's dividend yield is 52% lower. The historical 5-year average of SYK's dividend yield is 1.1%, which is higher 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 7% since one year ago. But with the stock price up by 16% from a year ago, the dividend yield marks a decrease of 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 30, 2024 Feb 7, 2024 $0.8 normal
Dec 28, 2023 Jan 31, 2024 Dec 5, 2023 $0.8 normal
Sep 28, 2023 Oct 31, 2023 Aug 2, 2023 $0.75 normal
Jun 29, 2023 Jul 31, 2023 May 10, 2023 $0.75 normal
Mar 30, 2023 Apr 28, 2023 Feb 9, 2023 $0.75 normal
Dec 29, 2022 Jan 31, 2023 Dec 7, 2022 $0.75 normal
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 37.2% is above the Healthcare sector and the industry average but below its peers average. Compared to its Healthcare sector average of 35.4%, Stryker's payout ratio is 5% 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 3.48% $2.76 87.6%
JNJ Johnson & Johnson 3.3% $4.76 34.3%
BAX Baxter International Inc 2.93% $1.16 22.1%
CNMD CONMED Corp 1.03% $0.8 38.1%
SYK Stryker Corp 0.92% $3.1 37.2%

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 June 2024.

When was SYK's last dividend?

Stryker's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.8 per share.

How much dividend does Stryker pay (per share)?

On an annual basis SYK pays $3.1 per share.

What is Stryker's dividend yield?

The current dividend yield of Stryker is 0.92%.

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 37.2%.

Does Stryker pay a good dividend?

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