Medtronic's latest quarterly dividend of $0.68 per share was on Mar 23, 2023 (ex-date). The annualized dividend distribution of $2.72 per share represents a current dividend yield of 3.29%.
Medtronic's dividend yield of 3.29% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.9%, Medtronic's dividend yield is 73% higher. The historical 5-year average of MDT's dividend yield is 2.4%, which is below the current yield.
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 8% since twelve months ago. And with the price of the stock down by 17% from a year ago, the dividend yield has an increase of 31%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 23, 2023 | Apr 14, 2023 | Mar 2, 2023 | $0.68 | normal |
Dec 20, 2022 | Jan 13, 2023 | Dec 8, 2022 | $0.68 | normal |
Sep 22, 2022 | Oct 14, 2022 | Aug 18, 2022 | $0.68 | normal |
Jun 23, 2022 | Jul 15, 2022 | May 25, 2022 | $0.68 | normal |
Mar 24, 2022 | Apr 22, 2022 | Mar 3, 2022 | $0.63 | normal |
Dec 21, 2021 | Jan 14, 2022 | Dec 9, 2021 | $0.63 | normal |
Sep 23, 2021 | Oct 15, 2021 | Aug 20, 2021 | $0.63 | normal |
Jun 24, 2021 | Jul 16, 2021 | May 27, 2021 | $0.63 | normal |
Mar 25, 2021 | Apr 16, 2021 | Mar 8, 2021 | $0.58 | normal |
Dec 21, 2020 | Jan 15, 2021 | Dec 11, 2020 | $0.58 | normal |
Sep 24, 2020 | Oct 16, 2020 | Aug 21, 2020 | $0.58 | normal |
Jun 25, 2020 | Jul 17, 2020 | May 20, 2020 | $0.58 | normal |
Mar 26, 2020 | Apr 17, 2020 | Mar 6, 2020 | $0.54 | normal |
Dec 26, 2019 | Jan 17, 2020 | Dec 6, 2019 | $0.54 | normal |
Sep 26, 2019 | Oct 18, 2019 | Aug 23, 2019 | $0.54 | normal |
Jul 5, 2019 | Jul 25, 2019 | Jun 21, 2019 | $0.54 | normal |
Mar 21, 2019 | Apr 12, 2019 | Mar 8, 2019 | $0.5 | normal |
Dec 27, 2018 | Jan 18, 2019 | Dec 7, 2018 | $0.5 | normal |
Sep 27, 2018 | Oct 19, 2018 | Aug 24, 2018 | $0.5 | normal |
Jul 5, 2018 | Jul 25, 2018 | Jun 22, 2018 | $0.5 | normal |
Mar 22, 2018 | Apr 13, 2018 | Mar 9, 2018 | $0.46 | normal |
Dec 28, 2017 | Jan 19, 2018 | Dec 8, 2017 | $0.46 | normal |
Sep 28, 2017 | Oct 20, 2017 | Aug 25, 2017 | $0.46 | normal |
Jul 5, 2017 | Jul 26, 2017 | Jun 23, 2017 | $0.46 | normal |
Mar 22, 2017 | Apr 13, 2017 | Mar 10, 2017 | $0.43 | normal |
Dec 21, 2016 | Jan 13, 2017 | Dec 9, 2016 | $0.43 | normal |
Sep 27, 2016 | Oct 21, 2016 | Aug 19, 2016 | $0.43 | normal |
Jul 6, 2016 | Jul 27, 2016 | Jun 24, 2016 | $0.43 | normal |
Mar 22, 2016 | Apr 15, 2016 | Feb 19, 2016 | $0.38 | normal |
Dec 22, 2015 | Jan 15, 2016 | Dec 11, 2015 | $0.38 | normal |
Sep 23, 2015 | Oct 16, 2015 | Aug 21, 2015 | $0.38 | normal |
Jun 25, 2015 | Jul 17, 2015 | Jun 19, 2015 | $0.38 | normal |
Medtronic's payout ratio of 89.2% is above the Healthcare sector and the industry average. Compared to its Healthcare sector average of 41.9%, Medtronic's payout ratio is 113% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MDT Medtronic plc | 3.29% | $2.72 | 89.2% |
JNJ Johnson & Johnson | 2.95% | $4.58 | 94.6% |
BAX Baxter International Inc | 2.85% | $1.16 | N/A |
ABT Abbott Laboratories | 1.92% | $1.96 | 59.2% |
SYK Stryker Corp | 1.05% | $2.89 | 41.7% |
CNMD CONMED Corp | 0.66% | $0.8 | N/A |
OMI Owens & Minor Inc | N/A | N/A | N/A |
Yes, Medtronic has paid four dividends in the last twelve months. MDT has been paying dividends since 1995.
MDT's next dividend is scheduled on Jun 22, 2023 (ex-date).
Medtronic's last dividend ex-date was on Mar 23, 2023. The dividend amount was $0.68 per share.
MDT has paid dividend of $2.72 per share in the last year.
Currently Medtronic's dividend yield is 3.29%.
Medtronic has a quarterly dividend frequency.
Medtronic's dividend payout ratio is 89.2%.
Medtronic's dividend yield is above the Healthcare sector average.