Medtronic (MDT) Dividend Yield, Date & History

$81.28
+0.71 (+0.88%)
(As of 04/23/2024 ET)

Dividend Summary

Dividend Yield
3.40%
Annual Dividend
$2.76
Dividend Increase
Track Record
47 Years
Annualized 3-Year
Dividend Growth
6.45%
Dividend Payout Ratio
87.90%
Recent
Dividend Payment
Apr. 12
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Medtronic vs. The Competition

TypeMedtronicMedical CompaniesNYSE Companies
Annual Dividend$2.76$6.36$1.51
Dividend Yield3.40%547.43%358.35%
Annualized 3-Year Dividend Growth6.45%1,878.10%1,317.69%
Track Record47 years13 years9 years

Medtronic Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings87.90%
Based on This Year's Estimates53.08%
Based on Next Year's Estimates50.55%
Based on Cashflow36.84%

Medtronic Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/7/2024quarterly$0.693.24%3/21/20243/22/20244/12/2024
12/7/2023quarterly$0.693.47%12/19/202312/20/20231/12/2024
8/17/2023quarterly$0.693.38%9/21/20239/22/202310/13/2023
5/24/2023quarterly$0.693.15%6/22/20236/23/20237/14/2023
3/2/2023quarterly$0.683.31%3/23/20233/24/20234/14/2023
12/8/2022quarterly$0.683.5%12/20/202212/21/20221/13/2023
8/18/2022quarterly$0.682.86%9/22/20229/23/202210/14/2022
5/25/2022Quarterly$0.682.75%6/23/20226/24/20227/15/2022
3/4/2022quarterly$0.632.34%3/24/20223/25/20224/22/2022
12/10/2021quarterly$0.632.23%12/21/202112/22/20211/14/2022
8/23/2021quarterly$0.631.94%9/23/20219/24/202110/15/2021
5/27/2021quarterly$0.632%6/24/20216/25/20217/16/2021
3/8/2021quarterly$0.581.96%3/25/20213/26/20214/16/2021
12/14/2020quarterly$0.582.06%12/18/202012/22/20201/15/2021
8/25/2020quarterly$0.582.3%9/24/20209/25/202010/16/2020
5/21/2020quarterly$0.582.37%6/25/20206/26/20207/17/2020
3/10/2020quarterly$0.542.2%3/26/20203/27/20204/17/2020
12/9/2019quarterly$0.541.9%12/26/201912/27/20191/17/2020
8/23/2019Quarterly$0.542.02%9/26/20199/27/201910/18/2019
6/21/2019Quarterly$0.542.18%7/5/20197/8/20197/25/2019
3/11/2019quarterly$0.502.17%3/21/20193/22/20194/12/2019
12/7/2018Quarterly$0.502.09%12/27/201812/28/20181/18/2019
8/24/2018Quarterly$0.502.09%9/27/20189/28/201810/19/2018
6/22/2018Quarterly$0.502.3%7/5/20187/6/20187/25/2018
3/9/2018Quarterly$0.462.2%3/22/20183/23/20184/13/2018
12/8/2017Quarterly$0.4612/28/201712/29/20171/19/2018
8/28/2017Quarterly$0.462.31%9/28/20179/29/201710/20/2017
6/23/2017Quarterly$0.462.07%7/5/20177/7/20177/26/2017
3/10/2017Quarterly$0.432.08%3/22/20173/24/20174/13/2017
12/9/2016quarterly$0.432.33%12/21/201612/23/20161/13/2017
8/22/2016Quarterly$0.431.98%9/27/20169/29/201610/21/2016
6/24/2016quarterly$0.431.85%7/6/20167/8/20167/27/2016
2/22/2016quarterly$0.381.98%3/22/20163/24/20164/15/2016
12/11/2015quarterly$0.381.96%12/22/201512/24/20151/15/2016
8/21/2015quarterly$0.382.18%9/23/20159/25/201510/16/2015
6/19/2015quarterly$0.381.97%6/25/20156/29/20157/17/2015
2/20/2015quarterly$0.30501.55%3/26/20153/30/20154/17/2015
12/4/2014$0.305012/30/20141/2/20151/16/2015
12/5/2014quarterly$0.30501.63%12/30/20141/2/20151/6/2015
8/21/2014quarterly$0.30501.92%10/1/201410/3/201410/24/2014
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6/16/2014quarterly$0.30501.98%7/1/20147/3/20147/25/2014
2/14/2014quarterly$0.281.97%4/2/20144/4/20144/25/2014
12/5/2013quarterly$0.281.93%12/31/20131/3/20141/24/2014
8/22/2013quarterly$0.282.12%10/2/201310/4/201310/25/2013
6/21/2013quarterly$0.282.13%7/2/20137/5/20137/26/2013
2/15/2013quarterly$0.262.21%4/3/20134/5/20134/26/2013
12/9/2012quarterly$0.262.44%12/13/201212/17/201212/28/2012
(Data available from 1/1/2013 forward)

Medtronic Dividend - Frequently Asked Questions

What is Medtronic's dividend yield?

The current dividend yield for Medtronic is 3.40%. Learn more on MDT's dividend yield history.

How much is Medtronic's annual dividend?

The annual dividend for MDT shares is $2.76. Learn more on MDT's annual dividend history.

How often does Medtronic pay dividends?

Medtronic pays quarterly dividends to shareholders.

When was Medtronic's most recent dividend payment?

Medtronic's most recent quarterly dividend payment of $0.69 per share was made to shareholders on Friday, April 12, 2024.

When was Medtronic's most recent ex-dividend date?

Medtronic's most recent ex-dividend date was Thursday, March 21, 2024.

Is Medtronic's dividend growing?

Over the past three years, the company's dividend has grown by an average of 6.45% per year.

What track record does Medtronic have of raising its dividend?

Medtronic has increased its dividend for the past 47 consecutive years.

When did Medtronic last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, May 24, 2023.

What is Medtronic's dividend payout ratio?
The dividend payout ratio for MDT is:
  • 87.90% based on the trailing year of earnings
  • 53.08% based on this year's estimates
  • 50.55% based on next year's estimates
  • 36.84% based on cash flow
This page (NYSE:MDT) was last updated on 4/23/2024 by MarketBeat.com Staff

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