NEW YORK (

TheStreet

) -- The ex-dividend date for

Stryker Corporation

(NYSE:

SYK

) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $48.65 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Stryker has been 2.6 million shares per day over the past 30 days. Stryker has a market cap of $17.9 billion and is part of the

health care

sector and

health services

industry. Shares are down 12% year to date as of the close of trading on Monday.

Stryker Corporation, together with its subsidiaries, operates as a medical technology company worldwide. The company operates in three segments: Reconstructive, MedSurg, and Neurotechnology and Spine. The company has a P/E ratio of 14.6, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Stryker as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Stryker Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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