Stryker (SYK) Dividend

Stryker Corporation · Healthcare · Medical Devices · quarterly payer

$337.73

As of Nov 5, 2026, Stryker (SYK) pays a quarterly dividend of $0.88 per share, or $3.52 a year, a 1.04% yield at its $337.73 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 16 years in a row and has a dividend safety grade of A.

Forward Yield

1.04%

Annual Dividend

$3.52

Payout Ratio

37%

5-Yr Growth

7.6%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about SYK's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Stryker Corporation (SYK) has a forward dividend yield of 1.04%, based on an annual dividend of $3.52 per share and a share price of $337.73.
As of Nov 5, 2026, SYK's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Stryker Corporation (SYK) has raised its dividend for 16 consecutive years as of Nov 5, 2026.
SYK has never cut its regular dividend in the payment history SmarterDividends has on record.
SYK's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.88 per share.
As of Nov 5, 2026, SYK pays out 37% of its trailing 12-month earnings as dividends (its payout ratio).
SYK's dividend has grown at an average rate of 7.6% a year over the past five years.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for SYK is $218.56 per share, 35% below the $337.73 share price, so SYK screens as overvalued.
Stryker Corporation (SYK) pays its dividend quarterly, 4 times a year.
Stryker Corporation (SYK) has raised its regular dividend 31 times and cut it 1 time across the 87 payments on record since 1991. Its most recent change was a 4.8% increase to $0.880 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Nov 16, 2009.
Stryker (SYK) has declared its first higher dividend of the year in December in 5 of the last 5 years; its most recent raise, 4.8%, was declared on Dec 11, 2025.

Cite this page

SmarterDividends, "SYK Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SYK

Is SYK a good dividend stock?

Yes

Stryker Corporation (SYK) pays a quarterly dividend yielding 1.04% ($3.52/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

16 consecutive years of dividend growth
Never cut its dividend on record
Comfortable payout ratio (37%)
Strong 7.6% 5-yr dividend growth
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 1.04%
Payout Ratio: 37%
Annual Dividend: $3.52
5-Yr Avg Growth: 7.6%
Ex-Dividend Date: Sep 30, 2026
Years of Growth: 16
Frequency: quarterly
Beta: 0.77
Market Cap: $128.6B
P/E Ratio: 36.0
5-Yr Total Return: 23%
52-Week Range: $267.00 – $389.33
Dividend Safety: A · 91/100
Ever Cut?: No

SYK dividend raises and cuts

Stryker Corporation (SYK) has raised its regular dividend 31 times and cut it 1 time across the 87 payments on record since 1991. Its most recent change was a 4.8% increase to $0.880 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Nov 16, 2009.

Ex-date	Change	Old → new	Move
Dec 31, 2025	Raise	$0.840 → $0.880	+4.8%
Dec 31, 2024	Raise	$0.800 → $0.840	+5.0%
Dec 28, 2023	Raise	$0.750 → $0.800	+6.7%
Dec 29, 2022	Raise	$0.695 → $0.750	+7.9%
Dec 30, 2021	Raise	$0.630 → $0.695	+10.3%
Dec 30, 2020	Raise	$0.575 → $0.630	+9.6%
Dec 30, 2019	Raise	$0.520 → $0.575	+10.6%
Dec 28, 2018	Raise	$0.470 → $0.520	+10.6%
Dec 28, 2017	Raise	$0.425 → $0.470	+10.6%
Dec 28, 2016	Raise	$0.380 → $0.425	+11.8%
Dec 29, 2015	Raise	$0.345 → $0.380	+10.1%
Dec 29, 2014	Raise	$0.305 → $0.345	+13.1%

Show all 32 changes since 1993

Ex-date	Change	Old → new	Move
Dec 27, 2013	Raise	$0.265 → $0.305	+15.1%
Dec 27, 2012	Raise	$0.213 → $0.265	+24.4%
Dec 27, 2011	Raise	$0.180 → $0.213	+18.3%
Dec 29, 2010	Raise	$0.150 → $0.180	+20.0%
Dec 28, 2009	Raise	$0.100 → $0.150	+50.0%
Nov 16, 2009	Cut	$0.330 → $0.100	−69.7%
Dec 27, 2007	Raise	$0.220 → $0.330	+50.0%
Dec 27, 2006	Raise	$0.110 → $0.220	+100.0%
Dec 28, 2005	Raise	$0.0900 → $0.110	+22.2%
Dec 29, 2004	Raise	$0.0700 → $0.0900	+28.6%
Dec 29, 2003	Raise	$0.0600 → $0.0700	+16.7%
Dec 27, 2002	Raise	$0.0500 → $0.0600	+20.0%
Dec 27, 2001	Raise	$0.0400 → $0.0500	+25.0%
Dec 27, 2000	Raise	$0.0325 → $0.0400	+23.1%
Dec 29, 1999	Raise	$0.0075 → $0.0325	+333.3%
Dec 29, 1998	Raise	$0.0063 → $0.0075	+20.0%
Dec 27, 1996	Raise	$0.0028 → $0.0063	+127.3%
Dec 27, 1995	Raise	$0.0023 → $0.0028	+22.2%
Dec 23, 1994	Raise	$0.0021 → $0.0023	+5.9%
Dec 27, 1993	Raise	$0.0010 → $0.0021	+112.5%

Every SYK payment →Download every raise and cut (CSV)

SYK ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →SYK dividend historyEvery payment, totals by year, raises and cutsView →SYK dividend calculator100 shares pay $352.00 a year, $88.00 each quarterCalculate →SYK total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is SYK a good dividend stock?

Yes. Stryker Corporation (SYK) pays a quarterly dividend yielding 1.04% ($3.52/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is SYK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SYK's fair value is about $218.56 versus a $337.73 share price — so it looks overvalued (-35% vs. fair value).

Is SYK's dividend safe?

SYK has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SYK's fair value?

Our blended fair-value estimate for SYK is about $218.56 per share, about 35% below the current $337.73 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SYK a buy, hold, or sell?

We don't issue formal ratings, but on the data SYK screens as "yes" and overvalued. Stryker Corporation (SYK) pays a quarterly dividend yielding 1.04% ($3.52/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will SYK cut its dividend?

SYK earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SYK pay a dividend?

Yes. Stryker Corporation pays a quarterly dividend of about $3.52 per share annually, a forward yield of roughly 1.04%.

How much dividend does 100 shares of SYK pay?

At $3.52 per share a year, 100 shares of SYK pay $352.00 a year in dividends before tax, about $88.00 each quarter. Buying them costs about $33,773 at the Nov 5, 2026 price.

What is SYK's dividend yield?

As of Nov 5, 2026, SYK's forward dividend yield is 1.04%, based on a $3.52 annual dividend and a $337.73 share price.

What is SYK's dividend per share?

As of Nov 5, 2026, SYK pays $3.52 per share per year, distributed on a quarterly basis.

What is SYK's dividend payout ratio?

As of Nov 5, 2026, SYK's payout ratio is 37% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SYK grown its dividend?

As of Nov 5, 2026, SYK has increased its dividend for 16 consecutive years.

When is the next SYK ex-dividend date?

As of Nov 5, 2026, SYK's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.88 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full SYK dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 30, 2026	Oct 30, 2026	$0.8800	regular
Jun 30, 2026	Jul 31, 2026	$0.8800	regular
Mar 31, 2026	Apr 30, 2026	$0.8800	regular
Dec 31, 2025	Jan 30, 2026	$0.8800	regular
Sep 30, 2025	Oct 31, 2025	$0.8400	regular
Jun 30, 2025	Jul 31, 2025	$0.8400	regular
Mar 31, 2025	Apr 30, 2025	$0.8400	regular
Dec 31, 2024	Jan 31, 2025	$0.8400	regular
Sep 30, 2024	Oct 31, 2024	$0.8000	regular
Jun 28, 2024	Jul 31, 2024	$0.8000	regular
Mar 27, 2024	Apr 30, 2024	$0.8000	regular
Dec 28, 2023	Jan 31, 2024	$0.8000	regular
Sep 28, 2023	Oct 31, 2023	$0.7500	regular
Jun 29, 2023	Jul 31, 2023	$0.7500	regular