By Colin Kellaher

 

Stryker Corp. on Thursday said its board raised the quarterly dividend by 10.3%, to 69.5 cents from 63 cents.

The new payout, equal to $2.78 a year, represents an annual yield of about 1.06% based on Wednesday's closing price of $261.28, up from about 0.96%.

The Kalamazoo, Mich., medical-devices maker said the increased dividend is payable Jan. 31 to shareholders of record Dec. 31.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

December 09, 2021 08:25 ET (13:25 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Stryker (NYSE:SYK)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Stryker Charts.
Stryker (NYSE:SYK)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Stryker Charts.