Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.
Medtronic Dividend Announcement
• Medtronic announced a quarterly dividend of $0.70 per ordinary share which will be made payable on 2025-01-10. Ex dividend date: 2024-12-27
• Medtronic annual dividend for 2024 was $2.79
• Medtronic annual dividend for 2023 was $2.75
• Medtronic's trailing twelve-month (TTM) dividend yield is 3.37%
• Medtronic's payout ratio for the trailing twelve months (TTM) is 84.54%
• Medtronic's dividend growth over the last five years (2018-2023) was 13.50% year
• Medtronic's dividend growth over the last ten years (2013-2023) was 9.60% year
Medtronic Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-27 | $0.70 | quarterly | 2025-01-10 |
| 2024-09-27 | $0.70 | quarterly | 2024-10-11 |
| 2024-06-28 | $0.70 | quarterly | 2024-07-12 |
| 2024-03-21 | $0.69 | quarterly | 2024-04-12 |
| 2023-12-19 | $0.69 | quarterly | 2024-01-12 |
| 2023-09-21 | $0.69 | quarterly | 2023-10-13 |
| 2023-06-22 | $0.69 | quarterly | 2023-07-14 |
| 2023-03-23 | $0.68 | quarterly | 2023-04-14 |
| 2022-12-20 | $0.68 | quarterly | 2023-01-13 |
| 2022-09-22 | $0.68 | quarterly | 2022-10-14 |
| 2022-06-23 | $0.68 | quarterly | 2022-07-15 |
| 2022-03-24 | $0.63 | quarterly | 2022-04-22 |
| 2021-12-21 | $0.63 | quarterly | 2022-01-14 |
| 2021-09-23 | $0.63 | quarterly | 2021-10-15 |
| 2021-06-24 | $0.63 | quarterly | 2021-07-16 |
| 2021-03-25 | $0.58 | quarterly | 2021-04-16 |
| 2020-12-21 | $0.58 | quarterly | 2021-01-15 |
| 2020-09-24 | $0.58 | quarterly | 2020-10-16 |
| 2020-06-25 | $0.58 | quarterly | 2020-07-17 |
| 2020-03-26 | $0.54 | quarterly | 2020-04-17 |
| 2019-12-26 | $0.54 | quarterly | 2020-01-17 |
| 2019-09-26 | $0.54 | quarterly | 2019-10-18 |
| 2019-07-05 | $0.54 | quarterly | 2019-07-25 |
| 2019-03-21 | $0.50 | quarterly | 2019-04-12 |
| 2018-12-27 | $0.50 | quarterly | 2019-01-18 |
| 2018-07-05 | $0.50 | quarterly | 2018-07-25 |
| 2018-03-22 | $0.46 | quarterly | 2018-04-13 |
| 2017-12-28 | $0.46 | quarterly | 2018-01-19 |
| 2017-09-28 | $0.46 | quarterly | 2017-10-20 |
| 2017-07-05 | $0.46 | quarterly | 2017-07-26 |
| 2017-03-22 | $0.43 | quarterly | 2017-04-13 |
| 2016-12-21 | $0.43 | quarterly | 2017-01-13 |
| 2016-09-27 | $0.43 | quarterly | 2016-10-21 |
| 2016-07-06 | $0.43 | quarterly | 2016-07-27 |
| 2016-03-22 | $0.38 | quarterly | 2016-04-15 |
| 2015-12-22 | $0.38 | quarterly | 2016-01-15 |
| 2015-09-23 | $0.38 | quarterly | 2015-10-16 |
| 2015-06-25 | $0.38 | quarterly | 2015-07-17 |
| 2015-03-26 | $0.30 | quarterly | 2015-04-17 |
| 2014-12-30 | $0.30 | quarterly | 2015-01-16 |
| 2014-10-01 | $0.30 | quarterly | 2014-10-24 |
| 2014-07-01 | $0.30 | quarterly | 2014-07-25 |
| 2014-04-02 | $0.28 | quarterly | 2014-04-25 |
| 2013-12-31 | $0.28 | quarterly | 2014-01-24 |
| 2013-10-02 | $0.28 | quarterly | 2013-10-25 |
| 2013-07-02 | $0.28 | quarterly | 2013-07-26 |
| 2013-04-03 | $0.26 | quarterly | 2013-04-26 |
Medtronic Dividend per year
Medtronic Dividend growth
Medtronic Dividend Yield
Medtronic current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing Medtronic stock? Use our calculator to estimate your expected dividend yield:
Medtronic Financial Ratios
P/E ratio24.67
PEG ratio2.36
P/B ratio2.18
ROE8.64%
Payout ratio84.54%
Current ratio1.84
Quick ratio1.39
Cash Ratio0.11
Medtronic Dividend FAQ
How much is the next Medtronic dividend?
Medtronic's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Medtronic dividend. The next Medtronic dividend will be released in March, June, September, or December.
When is Medtronic dividend paid?
Medtronic pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Medtronic pay?
The specific amount of Medtronic dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Medtronic's dividend history.
Does Medtronic stock pay dividends?
Yes, Medtronic does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Medtronic's dividend history.
How much dividend does Medtronic pay?
Medtronic paid $2.79 in 2024, $2.75 in 2023, $2.67 in 2022, $2.47 in 2021, and $2.28 in 2020.
How often does Medtronic pay dividends?
Medtronic typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Medtronic's dividend yield?
The current dividend yield for Medtronic is 3.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Medtronic's exact dividend yield.
When does Medtronic go ex dividend?
Medtronic's ex-dividend date for the latest dividend was on 2024-12-27. Medtronic typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Medtronic dividend paid?
Medtronic pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Medtronic increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Medtronic will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Medtronic dividend per share?
Medtronic paid $2.79 per share in 2024 and $2.75 per share in 2023. The amount of dividend per share that Medtronic pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Medtronic a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Medtronic a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Medtronic a dividend stock?
Yes, Medtronic is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Medtronic a good dividend stock?
Whether Medtronic is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Medtronic has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Medtronic as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Medtronic as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Medtronic pay dividends monthly?
Medtronic typically pays dividends on a quarterly basis.
Does Medtronic pay dividends quarterly?
Medtronic currently pays dividends on a quarterly basis.
Has Medtronic ever paid a dividend?
Yes, Medtronic has a history of paying dividends to its shareholders. Medtronic is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Medtronic dividend stocks?
To buy Medtronic you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Medtronic stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Medtronic stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Medtronic pay dividends 2024?
Medtronic pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Medtronic increase its dividend in 2024?
Decisions regarding Medtronic dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Medtronic dividend overview you can look into the above table of dividend history.
How Medtronic dividend works?
The Medtronic dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Medtronic's dividend process works:
1. Determination of Dividend: Medtronic's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Medtronic publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Medtronic are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Medtronic's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Medtronic publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Medtronic are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Medtronic dividends paid?
Medtronic dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Medtronic sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Medtronic declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Medtronic sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Medtronic declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Medtronic pay dividends?
Medtronic typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Medtronic pay dividends?
The general pattern is that Medtronic pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Medtronic dividend safe?
The safety of Medtronic's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Medtronic's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Medtronic's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Medtronic's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Medtronic's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.