Stryker ($SYK) announced its next dividend of $0.80 per share, a 6.67% increase over the company's previous payout of $0.75.
DivGro's projected dividend income will increase by $2.00 to $32.00 annually.
The dividend is payable on 31 January 2024 to shareholders of record at the close of business on 29 December 2023. The ex-dividend date is 28 December 2023.
I own only 10 shares of SYK at an average cost basis of $209.80 per share. Following this increase, my yield on cost is 1.53%. (SYK's forward yield is 1.11% at $289.10 per share).
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