MDT Medtronic dividend history, payout ratio & dates
Medtronic's latest dividend of $0.7 per share was on Sep 27, 2024 (ex-date). The annualized dividend distribution of $2.78 per share represents a current dividend yield of 3.28%.
Key dates
- MDT last dividend date: Sep 27, 2024
MDT dividend stats
vs. Healthcare sector
Dividend yield
Medtronic's dividend yield of 3.28% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.92%, Medtronic's dividend yield is 71% higher. The historical 5-year average of MDT's dividend yield is 2.7%, which is below the current yield.
Dividend history
Medtronic has a history of paying dividends since 1995. Our records of MDT show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.5% since twelve months ago. But with the price of the stock up by 8% from a year ago, the dividend yield has a decrease of 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 27, 2024 | $0.7 | 3.11% |
| Jun 28, 2024 | $0.7 | 3.52% |
| Mar 21, 2024 | $0.69 | 3.31% |
| Dec 19, 2023 | $0.69 | 3.35% |
| Sep 21, 2023 | $0.69 | 3.41% |
| Jun 22, 2023 | $0.69 | 3.12% |
| Mar 23, 2023 | $0.68 | 3.51% |
| Dec 20, 2022 | $0.68 | 3.48% |
| Sep 22, 2022 | $0.68 | 3.14% |
| Jun 23, 2022 | $0.68 | 2.9% |
| Mar 24, 2022 | $0.63 | 2.37% |
| Dec 21, 2021 | $0.63 | 2.43% |
| Sep 23, 2021 | $0.63 | 1.85% |
| Jun 24, 2021 | $0.63 | 1.89% |
| Mar 25, 2021 | $0.58 | 1.99% |
| Dec 21, 2020 | $0.58 | 1.99% |
| Sep 24, 2020 | $0.58 | 2.21% |
| Jun 25, 2020 | $0.58 | 2.48% |
| Mar 26, 2020 | $0.54 | 2.35% |
| Dec 26, 2019 | $0.54 | 1.88% |
| Sep 26, 2019 | $0.54 | 1.94% |
| Jul 5, 2019 | $0.54 | 2.08% |
| Mar 21, 2019 | $0.5 | 2.17% |
| Dec 27, 2018 | $0.5 | 2.19% |
| Sep 27, 2018 | $0.5 | 1.97% |
| Jul 5, 2018 | $0.5 | 2.19% |
| Mar 22, 2018 | $0.46 | 2.35% |
| Dec 28, 2017 | $0.46 | 2.23% |
| Sep 28, 2017 | $0.46 | 2.29% |
| Jul 5, 2017 | $0.46 | 1.97% |
| Mar 22, 2017 | $0.43 | 2.12% |
| Dec 21, 2016 | $0.43 | 2.33% |
| Sep 27, 2016 | $0.43 | 1.87% |
| Jul 6, 2016 | $0.43 | 1.8% |
| Mar 22, 2016 | $0.38 | 2.03% |
| Dec 22, 2015 | $0.38 | 1.87% |
| Sep 23, 2015 | $0.38 | 1.98% |
| Jun 25, 2015 | $0.38 | 1.72% |
| Mar 26, 2015 | $0.305 | 1.96% |
Medtronic dividend payout ratio
Payout ratio
Medtronic's payout ratio of 93.3% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 40%, Medtronic's payout ratio is 133% higher.
Total amount of dividends paid per financial year (from cash flow)
MDT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BAX Baxter International Inc | 3.52% | $1.16 | 552.4% |
| MDT Medtronic plc | 3.28% | $2.78 | 93.3% |
| JNJ Johnson & Johnson | 3.13% | $4.86 | 80.6% |
| ABT Abbott Laboratories | 1.88% | $2.2 | 66.7% |
| CNMD CONMED Corp | 1.12% | $0.8 | 18.7% |
| SYK Stryker Corp | 0.82% | $3.2 | 33.9% |
| OMI Owens & Minor Inc | N/A | N/A | N/A |
Frequently asked questions
Does Medtronic pay a dividend?
Yes, Medtronic has paid four dividends in the last twelve months. MDT has been paying dividends since 1995.
When was MDT's last dividend?
Medtronic's last dividend ex-date was on Sep 27, 2024. The dividend amount was $0.7 per share.
How much dividend does Medtronic pay (per share)?
MDT has paid dividend of $2.78 per share in the last year.
What is Medtronic's dividend yield?
Currently Medtronic's dividend yield is 3.28%.
How often does Medtronic pay dividends?
Medtronic has a quarterly dividend frequency.
What is Medtronic's dividend payout ratio?
Medtronic's dividend payout ratio is 93.3%.
Does Medtronic pay a good dividend?
Medtronic's dividend yield is above the Healthcare sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.