Medtronic (MDT) Dividend Yield, Date & History

$78.70

+0.24 (+0.31%)

(As of 07/26/2024 ET)

Compare

Dividend Yield: 3.56%
Annual Dividend: $2.80
Dividend Increase Track Record: 48 Years
Annualized 3-Year Dividend Growth: 6.45%
Dividend Payout Ratio: 101.82%
Recent Dividend Payment: Jul. 12

MDT Dividend Payments

Open Medtronic in Dividend Calculator

MDT Dividend Yield Over Time

Open Medtronic in Dividend Yield Calculator

Ad Unstoppable Prosperity

“Generational Bull Run” Incoming

LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.

You can find out what they are by clicking here now.

Medtronic vs. The Competition

Type	Medtronic	Medical Companies	NYSE Companies
Annual Dividend	$2.80	$6.31	$1.54
Dividend Yield	3.56%	279.30%	350.91%
Annualized 3-Year Dividend Growth	6.45%	1,605.75%	1,555.21%
Track Record	48 years	21 years	23 years

Medtronic Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	101.82%
Based on This Year's Estimates	51.47%
Based on Next Year's Estimates	47.95%
Based on Cashflow	39.49%

Medtronic Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/22/2024	quarterly	$0.70	3.26%	6/28/2024	6/28/2024	7/12/2024
3/7/2024	quarterly	$0.69	3.24%	3/21/2024	3/22/2024	4/12/2024
12/7/2023	quarterly	$0.69	3.47%	12/19/2023	12/20/2023	1/12/2024
8/17/2023	quarterly	$0.69	3.38%	9/21/2023	9/22/2023	10/13/2023
5/24/2023	quarterly	$0.69	3.15%	6/22/2023	6/23/2023	7/14/2023
3/2/2023	quarterly	$0.68	3.31%	3/23/2023	3/24/2023	4/14/2023
Get Dividend Updates for Companies Like Medtronic Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.
12/8/2022	quarterly	$0.68	3.5%	12/20/2022	12/21/2022	1/13/2023
8/18/2022	quarterly	$0.68	2.86%	9/22/2022	9/23/2022	10/14/2022
5/25/2022	Quarterly	$0.68	2.75%	6/23/2022	6/24/2022	7/15/2022
3/4/2022	quarterly	$0.63	2.34%	3/24/2022	3/25/2022	4/22/2022
12/10/2021	quarterly	$0.63	2.23%	12/21/2021	12/22/2021	1/14/2022
8/23/2021	quarterly	$0.63	1.94%	9/23/2021	9/24/2021	10/15/2021
5/27/2021	quarterly	$0.63	2%	6/24/2021	6/25/2021	7/16/2021
3/8/2021	quarterly	$0.58	1.96%	3/25/2021	3/26/2021	4/16/2021
12/14/2020	quarterly	$0.58	2.06%	12/18/2020	12/22/2020	1/15/2021
8/25/2020	quarterly	$0.58	2.3%	9/24/2020	9/25/2020	10/16/2020
5/21/2020	quarterly	$0.58	2.37%	6/25/2020	6/26/2020	7/17/2020
3/10/2020	quarterly	$0.54	2.2%	3/26/2020	3/27/2020	4/17/2020
12/9/2019	quarterly	$0.54	1.9%	12/26/2019	12/27/2019	1/17/2020
8/23/2019	Quarterly	$0.54	2.02%	9/26/2019	9/27/2019	10/18/2019
6/21/2019	Quarterly	$0.54	2.18%	7/5/2019	7/8/2019	7/25/2019
3/11/2019	quarterly	$0.50	2.17%	3/21/2019	3/22/2019	4/12/2019
12/7/2018	Quarterly	$0.50	2.09%	12/27/2018	12/28/2018	1/18/2019
8/24/2018	Quarterly	$0.50	2.09%	9/27/2018	9/28/2018	10/19/2018
6/22/2018	Quarterly	$0.50	2.3%	7/5/2018	7/6/2018	7/25/2018
3/9/2018	Quarterly	$0.46	2.2%	3/22/2018	3/23/2018	4/13/2018
12/8/2017	Quarterly	$0.46		12/28/2017	12/29/2017	1/19/2018
8/28/2017	Quarterly	$0.46	2.31%	9/28/2017	9/29/2017	10/20/2017
6/23/2017	Quarterly	$0.46	2.07%	7/5/2017	7/7/2017	7/26/2017
3/10/2017	Quarterly	$0.43	2.08%	3/22/2017	3/24/2017	4/13/2017
12/9/2016	quarterly	$0.43	2.33%	12/21/2016	12/23/2016	1/13/2017
8/22/2016	Quarterly	$0.43	1.98%	9/27/2016	9/29/2016	10/21/2016
6/24/2016	quarterly	$0.43	1.85%	7/6/2016	7/8/2016	7/27/2016
2/22/2016	quarterly	$0.38	1.98%	3/22/2016	3/24/2016	4/15/2016
12/11/2015	quarterly	$0.38	1.96%	12/22/2015	12/24/2015	1/15/2016
8/21/2015	quarterly	$0.38	2.18%	9/23/2015	9/25/2015	10/16/2015
6/19/2015	quarterly	$0.38	1.97%	6/25/2015	6/29/2015	7/17/2015
2/20/2015	quarterly	$0.3050	1.55%	3/26/2015	3/30/2015	4/17/2015
12/4/2014		$0.3050		12/30/2014	1/2/2015	1/16/2015
12/5/2014	quarterly	$0.3050	1.63%	12/30/2014	1/2/2015	1/6/2015
“Generational Bull Run” Incoming (Ad) LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event. You can find out what they are by clicking here now.
8/21/2014	quarterly	$0.3050	1.92%	10/1/2014	10/3/2014	10/24/2014
6/16/2014	quarterly	$0.3050	1.98%	7/1/2014	7/3/2014	7/25/2014
2/14/2014	quarterly	$0.28	1.97%	4/2/2014	4/4/2014	4/25/2014
12/5/2013	quarterly	$0.28	1.93%	12/31/2013	1/3/2014	1/24/2014
8/22/2013	quarterly	$0.28	2.12%	10/2/2013	10/4/2013	10/25/2013
6/21/2013	quarterly	$0.28	2.13%	7/2/2013	7/5/2013	7/26/2013
2/15/2013	quarterly	$0.26	2.21%	4/3/2013	4/5/2013	4/26/2013
12/9/2012	quarterly	$0.26	2.44%	12/13/2012	12/17/2012	12/28/2012

(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 3.56%. Learn more on MDT's dividend yield history.
How much is Medtronic's annual dividend?: The annual dividend for MDT shares is $2.80. 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 $0.70 per share was made to shareholders on Friday, July 12, 2024.
When was Medtronic's most recent ex-dividend date?: Medtronic's most recent ex-dividend date was Friday, June 28, 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 48 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 22, 2024.
What is Medtronic's dividend payout ratio?: The dividend payout ratio for MDT is:
101.82% based on the trailing year of earnings

51.47% based on this year's estimates

47.95% based on next year's estimates

39.49% based on cash flow
Is Medtronic a good dividend stock?: Medtronic's dividend yield of 3.50% is higher than the average Medical company that issues a dividend. The company's 48 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Medtronic's dividend payout ratio of 101.82% may not be sustainable. However, based on earnings estimates, MDT will have a more sustainable dividend payout ratio of 47.95% next year.