Back to Dividend Stocks
SYK

Stryker Corporation

S&P 500
SYK|Healthcare|Medical Devices|$328.51|P/E 41.5|MCap 133.8B|NYSE

Last update: Mar 25, 2026 at 04:53

About Stryker Corporation

Stryker Corporation is a medical technology company that designs, manufactures, and markets innovative products and services to improve patient and healthcare outcomes worldwide. It operates primarily through two segments: MedSurg and Neurotechnology, and Orthopaedics and Spine. The MedSurg and Neurotechnology segment provides surgical equipment, navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, intensive care disposables, clinical communication and workflow solutions, and products for treating acute ischemic and hemorrhagic stroke, as well as traditional brain and open skull-based surgical procedures, orthobiologics, and biosurgery. The Orthopaedics and Spine segment offers implants for hip and knee joint replacements, trauma and extremity surgeries, and cervical, thoracolumbar, and interbody systems for spinal injury, deformity, and degenerative therapies. Stryker Corporation also features orthopedic robotics and minimally invasive solutions. Founded in 1941 and headquartered in Portage, Michigan, it serves healthcare providers globally across hospitals, surgical centers, and emergency settings, holding leadership positions in reconstructive orthopedic implants and operating room equipment.

Dividend Overview

Dividend Yield

0.97%

Annual Dividend

$3.40

Frequency

Quarterly

Payout Ratio

40.48%

FCF Payout Ratio

29.98%

Stock Price

$328.51

52-Week Range

$327.21 $404.87

Dividend Health Score

89/ 100Very Safe

SYK's dividend appears very safe. Strengths include a 40.5% earnings payout ratio & 30.0% fcf payout ratio. The dividend has been growing at a 7.62% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Very Safe
Earnings Payout Ratio
40.5%Very Safe
FCF Payout Ratio
30.0%Very Safe
CFO Payout Ratio
27.3%Very Safe
Interest Coverage
8.4xSafe

Balance Sheet

Safe
Net Debt / Total Assets
24.8%Safe
Current Ratio
1.9xSafe
Debt-to-Equity
73.0Safe

Profitability

Very Safe
Return on Equity
15.1%Safe
Operating Margin
27.2%Very Safe
Gross Margin
64.5%Very Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.6%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

SYK annual dividend per share and yield history

Earnings & Profitability

SYK earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 31, 2026

Next Payment Date

April 30, 2026

Dividend Growth

3-Year Dividend CAGR

6.25%

5-Year Dividend CAGR

7.62%

10-Year Dividend CAGR

9.16%

3-Year Total Growth

19.93%

5-Year Total Growth

44.37%

10-Year Total Growth

140.28%

Income Calculator

SYK Dividend Calculator

Total Investment

$32,851.00

Annual Income

$340.00

Quarterly Income

$85.00

Monthly Income

$28.33

Similar Dividend Stocks

StockYield5Y CAGRPrice
SYK
SYK
0.97%7.62%$328.51
AMGN
AMGN
2.68%8.27%$348.43
BSX
BSX
0.00%N/A$68.15
DHR
DHR
0.67%14.93%$190.10
GILD
GILD
2.20%3.04%$138.11
HCA
HCA
0.55%30.19%$485.72
MCK
MCK
0.34%13.01%$881.94
MDT
MDT
3.21%4.42%$86.58
PFE
PFE
6.46%3.59%$26.96

Frequently Asked Questions

What is SYK's current dividend yield?
Stryker Corporation (SYK) currently has a dividend yield of 0.97%, based on a stock price of $328.51 and an annual dividend of $3.40.
When is SYK's next dividend payment date?
SYK's next ex-dividend date is 2026-03-31 and the next payment date is 2026-04-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SYK pay in dividends per year?
Stryker Corporation paid $3.40 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SYK been increasing its dividend?
Stryker Corporation has grown its dividend at a 5-year CAGR of 7.62% and a 10-year CAGR of 9.16%.
Is SYK's dividend safe?
Stryker Corporation has a payout ratio of 40.48%. Its free cash flow payout ratio is 29.98%. A payout ratio below 60% is generally considered sustainable.
How is SYK's Dividend Health Score calculated?
The Dividend Health Score evaluates Stryker Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track SYK Dividends with OnlyDividends

What will SYK actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.