Kalamazoo, Michigan - August 19, 2011 - Stryker Corporation (NYSE:SYK) announced today that its Board of Directors has declared a quarterly dividend of $0.18 per share payable on October 31, 2011, to shareholders of record at the close of business on September 30, 2011.
With a 20% increase versus the prior year in Stryker's quarterly dividend payment, we are affirming our commitment to maximizing shareholder value through an approach that leverages our balance sheet to address shareholder value through dividends, stock repurchase programs and acquisitions.
Stryker is one of the world's leading medical technology companies and is dedicated to helping healthcare professionals perform their jobs more efficiently while enhancing patient care. The Company offers a diverse array of innovative medical technologies including reconstructive implants, medical and surgical equipment, and neurotechnology and spine products to help people lead more active and more satisfying lives. For more information about Stryker, please visit www.stryker.com.
For investor inquiries please contact:
Katherine A. Owen, Stryker Corporation, 269-385-2600 or katherine.owen@stryker.com
HUG#1539886