Stryker Raises Quarterly Dividend by 6.7%
By Colin Kellaher
Stryker's board has raised the medical-device maker's quarterly dividend by 6.7%, to 80 cents from 75 cents.
The new payout, equal to $3.20 a year, represents an annual yield of about 1.1% based on Monday's closing price of $290.95, up from about 1.03%.
The Kalamazoo, Mich., company on Tuesday said the increased dividend is payable Jan. 31 to shareholders as of Dec. 29.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 05, 2023 08:41 ET (13:41 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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