NEW YORK ( TheStreet) -- The ex-dividend date for Stryker Corporation (NYSE: SYK) is Tuesday, December 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $49.71 as of 9:30 a.m. ET, the dividend yield is 1.7%. The average volume for Stryker has been 2.2 million shares per day over the past 30 days. Stryker has a market cap of $18.6 billion and is part of the health care sector and health services industry. Shares are down 7.4% year to date as of the close of trading on Thursday. 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 15.4, 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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