Published December 10, 2015 8:11am EST | Updated December 10, 2015 3:07pm EST

Stryker Raises Quarterly Dividend By 10% To 38 Cents a Share

Medical technology company Stryker Corp. said Thursday it is raising its quarterly dividend by 10% to 38 cents a share. The new payment will be made Jan. 29 to shareholders of record as of Dec. 31. Shares were not yet active in premarket trade, but are down 2% in the year so far, while the S&P 500 has lost 0.6%.