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News Watch
- 10/30/2009 10:19:54 AM
By Chip Brian, SmarTrend Analytics Team
10/30/2009 - Stryker Corporation (NYSE:SYK) said Friday that its board of directors has modified the company's dividend policy to adopt a quarterly dividend schedule instead of the current annual one. The company declared a transitional dividend of $0.10 per share to be paid December 16 to shareholders on record at the market close on November 18, 2009. Stryker anticipates that the first quarterly dividend will be paid in January 2009 at the target rate of $0.15 per share.
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