Stryker Dividend
Dividend criteria checks 4/6
Stryker is a dividend paying company with a current yield of 1.23% that is well covered by earnings. Last payment was on 31st January, 2023 with an ex-dividend date of 29th December, 2022.
Key information
1.2%
Dividend yield
43%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 31 Jan 23 |
Ex dividend date | 29 Dec 22 |
Dividend per share | n/a |
Earnings per share | €6.49 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SYK's dividends per share have been stable in the past 10 years.
Growing Dividend: SYK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Stryker Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SYK) | 1.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Medical Equipment) | 1.8% |
Analyst forecast in 3 Years (SYK) | 1.4% |
Notable Dividend: SYK's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: SYK's dividend (1.23%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), SYK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.3%), SYK's dividend payments are covered by cash flows.