Why Stryker Corporation (NYSE:SYK) Is An Attractive Investment To Consider

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Stryker Corporation (NYSE:SYK) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of SYK, it is a dependable dividend payer with a a strong history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Stryker here.

Outstanding track record average dividend payer

Over the past few years, SYK has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. This strong performance generated a robust double-digit return on equity of 30%, which paints a buoyant picture for the company.

NYSE:SYK Income Statement, May 31st 2019
NYSE:SYK Income Statement, May 31st 2019

SYK is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

NYSE:SYK Historical Dividend Yield, May 31st 2019
NYSE:SYK Historical Dividend Yield, May 31st 2019

Next Steps:

For Stryker, I’ve compiled three essential aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SYK’s future growth? Take a look at our free research report of analyst consensus for SYK’s outlook.
  2. Financial Health: Are SYK’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SYK? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.