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SYK Ex-Dividend Reminder - 6/28/11

By Dividend Channel Staff, Friday, June 24, 11:34 AM ET
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On 6/28/11, Stryker Corp. (NYSE:SYK) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 7/29/11. As a percentage of SYK's recent stock price of $57.45, this dividend works out to approximately 0.31%.

Below is a dividend history chart for SYK, showing historical dividends prior to the most recent $0.18 declared by Stryker Corp.:

SYK Dividend History
Date Div*
03/29/11 0.180
12/29/10 0.180
09/28/10 0.150
06/28/10 0.150
03/26/10 0.150
12/28/09 0.150
11/16/09 0.100
12/29/08 0.400
12/27/07 0.330
12/27/06 0.220
12/28/05 0.110
12/29/04 0.090
12/29/03 0.070
12/27/02 0.060
12/27/01 0.050
12/27/00 0.040
12/29/99 0.033
12/29/98 0.007
12/29/97 0.028
12/27/96 0.006
12/27/95 0.003
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SYK is likely to continue, and whether the current estimated yield of 1.25% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, SYK makes up 6.11% of the iShares Dow Jones U.S. Medical Devices Index Fund ETF (AMEX:IHI) which is trading lower by about 1% on the day Friday.

     See what other ETFs contain SYK »
     See what other stocks are held by IHI »

SYK operates in the Medical Instruments & Supplies sector, among companies like West Pharmaceutical Services, Inc. (NYSE:WST) which is down about 0.8% today, and Volcano Corporation (NASDAQ:VOLC) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of SYK, versus WST and VOLC.

SYK,WST,VOLC Relative Performance Chart In Friday trading, Stryker Corp. shares are currently down about 1.3% on the day.


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