Dividend Growth of Stryker Corporation(SYK)

Stryker Corporation(SYK) is having a Dividend Yield of 1.35% with the Annual cash Dividend per share of $1.57. The last quarter cash dividend per share pay out was $0.43. Stryker Corporation has a 5 year average dividend yield of 1.5% and the stock has a Indicated annual dividend of $1.7. Stryker Corporation(SYK) formally announced its most recent dividend on February 8, 2017 with a Dividend per share of $0.43. The new indicated annual dividend based on announced dividend per share is $1.7. The dividend yield based on the forward looking indicated annual dividend is 1.35%. Stryker Corporation(SYK) has the most recent dividend payout ratio of 0.29 with a 5-year average payout ratio of 0.27. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02. The 5 year historical dividend growth of Stryker Corporation(SYK) is at the rate of 14.71% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Stryker Corporation (NYSE:SYK) witnessed a decline in the market cap on Thursday as its shares dropped 0.01% or 0.01 points. After the session commenced at $125.59, the stock reached the higher end at $125.77 while it hit a low of $124.89. With the volume soaring to 887,602 shares, the last trade was called at $125.75. The company has a 52-week high of $127.23. The company has a market cap of $46,889 million and there are 372,878,300 shares in outstanding. The 52-week low of the share price is $95.79. Shares of Stryker Corporation rose by 1.97% in the last five trading days and 2.74% for the last 4 weeks. Stryker Corporation is up 14.99% in the last 3-month period. Year-to-Date the stock performance stands at 4.96%.

Currently the company Insiders own 7.8% of Stryker Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.66% . Institutional Investors own 75.29% of Stryker Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -28.17%. Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Roch Doliveux (director) purchased 41 shares at 123.12 per share price.On Jan 31, 2017, Louise Francesconi (director) sold 3,716 shares at 122.34 per share price.On Jan 5, 2017, Yin C Becker (VP, Comm. and Public Affairs) sold 11,660 shares at 120.22 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Canaccord Genuity on Jan 25, 2017 to Buy, Raises Price Target to $ 137 from a previous price target of $127 .Stryker Corporation was Downgraded by Needham to Underperform on Jan 6, 2017.

Stryker Corporation Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.76. The company had revenue of $3157.00 million for the quarter, compared to analysts expectations of $3148.44 million. The companys revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS.

Stryker Corporation develops, manufactures, and markets specialty surgical and medical products, including orthopaedic implants, bone cement, trauma systems used in bone repair, powered surgical instruments, endoscopic systems, craniomaxillofacial fixation devices, specialty surgical equipment used in neurosurgery and patient care and handling equipment for the global market and provide outpatient physical and occupational rehabilitation services.


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