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Medtronic (MDT) Dividend Yield, Date & History

Medtronic logo
$81.36 +0.98 (+1.22%)
Closing price 03:59 PM Eastern
Extended Trading
$81.61 +0.26 (+0.32%)
As of 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Medtronic Dividend Summary

Dividend Yield
3.49%
Forward Dividend Yield
3.54%Based on upcoming increase
Upcoming Ex-Dividend Date
Jun. 26
Dividend Increase
Track Record
49 Years
Annualized 5-Year
Dividend Growth
4.13%
Dividend Payout Ratio
76.14%

Medtronic (MDT) pays quarterly dividends, with an annual dividend of $2.84 per share and a dividend yield of 3.49%. Investors who own the stock before the ex-dividend date of Friday, June 26, 2026 will receive the next quarterly payment of $0.72 per share, scheduled for Friday, July 17, 2026. MDT has grown its dividend for 49 consecutive years, with an average annual increase of 4.13% in the past 5 years. The company currently pays out 76.14% of its earnings and 35.75% of its cash flow as dividends.

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Skip Charts & View Dividend History

MDT Dividend Payments by Quarter

The chart below displays up to four years of Medtronic's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MDT Dividend Yield Over Time

The chart below tracks Medtronic's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Medtronic vs. The Competition

Compare Medtronic's annual dividend and yield with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeMedtronicMedical CompaniesNYSE Companies
Annual Dividend$2.84$0.08$1.71
Dividend Yield3.49%2.67%4.07%
Track Record49 years16 years11 years

Medtronic Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings76.14%
Based on This Year's Estimate47.81%
Based on Next Year's Estimate44.58%
Based on Cashflow35.75%

Medtronic Dividend History by Quarter

Export
AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
6/3/2026quarterly$0.72+$0.01
1.41%		3.69%6/26/20266/26/20267/17/2026
3/5/2026quarterly$0.71 - 3.26%3/27/20263/27/20264/17/2026
12/4/2025quarterly$0.71 - 2.94%12/26/202512/26/20251/16/2026
8/14/2025quarterly$0.71 - 3.01%9/26/20259/26/202510/17/2025
5/21/2025quarterly$0.71+$0.01
1.43%		3.3%6/27/20256/27/20257/11/2025
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3/6/2025quarterly$0.70 - 3%3/28/20253/28/20254/11/2025
12/5/2024quarterly$0.70 - 3.33%12/27/202412/27/20241/10/2025
8/15/2024quarterly$0.70 - 3.31%9/27/20249/27/202410/11/2024

This table shows Medtronic's quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Medtronic Dividend - Frequently Asked Questions

The current dividend yield for Medtronic is 3.49%. Learn more on MDT's dividend yield history.

The annual dividend for MDT shares is $2.84. Learn more on MDT's annual dividend history.

Medtronic pays quarterly dividends to shareholders.

Medtronic's next quarterly dividend payment of $0.72 per share will be made to shareholders on Friday, July 17, 2026.

Medtronic's most recent quarterly dividend payment of $0.71 per share was made to shareholders on Friday, April 17, 2026.

Medtronic's next ex-dividend date is Friday, June 26, 2026.

Medtronic's most recent ex-dividend date was Friday, March 27, 2026.

Over the past five years, the company's dividend has grown by an average of 4.13% per year.

Medtronic has increased its dividend for the past 49 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, June 3, 2026.

The dividend payout ratio for MDT is:
  • 76.14% based on the trailing year of earnings
  • 47.81% based on this year's estimates
  • 44.58% based on next year's estimates
  • 35.75% based on cash flow

Medtronic's dividend yield of 3.53% is higher than the average Medical company that issues a dividend. The company's 49 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 76.14% may not be sustainable. However, based on earnings estimates, MDT will have a more sustainable dividend payout ratio of 44.58% next year.

Looking at the stock as a whole, market analysts rate Medtronic stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NYSE:MDT) was last updated on 6/16/2026 by MarketBeat.com Staff.
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