Medical device maker Stryker (SYK -1.1%) spiked a little after announcing an 18% increase in its...

|About: Stryker Corporation (SYK)|By:, SA News Editor

Medical device maker Stryker (SYK -1.1%) spiked a little after announcing an 18% increase in its dividend, to $0.2125/share (1.8% annual yield), and a $500M increase to its stock buyback authorization. Stryker adds it's repurchased $625M worth of shares in 2011 thus far.