Stryker (FRA:SYK) Dividend Payout Ratio : 0.23 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Stryker Dividend Payout Ratio?

Stryker's dividend payout ratio for the months ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Stryker's Dividend Payout Ratio or its related term are showing as below:

FRA:SYK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.27 Max: 0.32
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Stryker was 0.32. The lowest was 0.26. And the median was 0.27.

FRA:SYK's Dividend Payout Ratio is ranked better than
69.89% of 279 companies
in the Medical Devices & Instruments industry
Industry Median: 0.4 vs FRA:SYK: 0.29

As of today (2024-04-27), the Dividend Yield % of Stryker is 0.92%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Stryker was 1.61%. The lowest was 0.85%. And the median was 1.14%.

Stryker's Dividends per Share for the months ended in Dec. 2023 was €0.73.

During the past 12 months, Stryker's average Dividends Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stryker was 81.90% per year. The lowest was -12.00% per year. And the median was 18.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Stryker Dividend Payout Ratio Historical Data

The historical data trend for Stryker's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stryker Dividend Payout Ratio Chart

Stryker Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.26

0.32

0.28

0.30

0.29

Stryker Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.25	0.35	0.30	0.31	0.23

Competitive Comparison of Stryker's Dividend Payout Ratio

For the Medical Devices subindustry, Stryker's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stryker's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stryker's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Stryker's Dividend Payout Ratio falls into.

Stryker Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Stryker's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.797	/	9.72
	=	0.29

Stryker's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.734	/	3.173
	=	0.23

Stryker (FRA:SYK) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Stryker Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Stryker's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Stryker (FRA:SYK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stryker Corp (FRA:SYK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SYK:USA SYK:Mexico 1SYK:Italy S1YK34:Brazil SYK:Austria

Address

2825 Airview Boulevard, Kalamazoo, MI, USA, 49002

Website

https://www.stryker.com

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.