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 1.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SYK shares, versus its 200 day moving average:
Looking at the chart above, SYK's low point in its 52 week range is $281 per share, with $404.87 as the 52 week high point — that compares with a last trade of $330.49.
According to the ETF Finder at ETF Channel, SYK makes up 11.79% of the iShares U.S. Medical Devices ETF (Symbol: IHI) which is trading higher by about 0.3% on the day Monday. (see other ETFs holding SYK).
In Monday trading, Stryker Corp shares are currently off about 0.3% on the day.
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Further SYK Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
