Medtronic plc Stock Dividends
Medtronic plc Stock Dividends Overview
MDT pays dividends quarterly. Last paid amount was $0.690 at Apr 12, 2024. As of today, dividend yield (TTM) is 3.40%.
Dividend Yield Range
AI Analysis of MDT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.40% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.690 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jul 12, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MDT the purchase should be done within the next 27 days.
Here's a simple guide on how to buy MDT stock.
MDT Dividend Payout History
To ensure a understanding of MDT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 141 | Jun 23, 1989 | Jul 03, 1989 | Jul 31, 1989 | $0.0055 | 0.316% |
| 142 | Mar 03, 1989 | Apr 04, 1989 | Apr 28, 1989 | $0.0047 | 0.317% |
| 143 | Nov 28, 1988 | Jan 04, 1989 | Jan 31, 1989 | $0.0047 | 0.366% |
| 144 | Sep 26, 1988 | Oct 03, 1988 | Oct 31, 1988 | $0.0047 | 0.361% |
| 145 | Jun 24, 1988 | Jul 05, 1988 | Jul 29, 1988 | $0.0047 | 0.375% |
| 146 | Mar 04, 1988 | Apr 05, 1988 | Apr 29, 1988 | $0.0041 | 0.341% |
| 147 | Nov 27, 1987 | Dec 31, 1987 | Jan 29, 1988 | $0.0041 | 0.286% |
| 148 | Jun 26, 1987 | Jul 06, 1987 | Jul 31, 1987 | $0.0041 | 0.259% |
| 149 | Mar 06, 1987 | Apr 06, 1987 | Apr 30, 1987 | $0.0034 | 0.247% |
| 150 | Dec 01, 1986 | Jan 05, 1987 | Jan 30, 1987 | $0.0034 | 0.280% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MDT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MDT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MDT stock here.
Comparing MDT to Sector and Country
MDT pays a solid dividend yield of 3.40%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.358%). MDT’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.05%), which means that there are more attractive dividend stocks to consider.
MDT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Bristol-Myers Squibb | 81.591B | $0.500 | 5.87% | -77.42% | |
| AbbVie | 276.023B | $1.55 | 5.72% | 177.71% | |
| Medtronic plc | 107.022B | $0.690 | 3.40% | 99.73% | |
| Merck | 315.411B | $0.770 | 2.66% | 327.06% | |
| Abbott Laboratories | 176.99B | $0.550 | 2.50% | 64.35% | |
| Astrazeneca PLC | 238.024B | $0.99 | 2.19% | 70.56% | |
| Novo Nordisk A/S | 581.973B | $0.93 | 1.66% | 47.03% | |
| Eli Lilly | 774.637B | $1.30 | 0.88% | 68.77% | |
| Danaher Corporation | 187.201B | $0.270 | 0.473% | 27.74% | |
| Thermo Fisher Scientific Inc | 214.814B | $0.390 | 0.273% | 8.97% | |
| Novartis AG | 197.018B | - | 0% | 34.16% |
