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MDT Medtronic dividend history, payout ratio & dates

Medtronic's latest quarterly dividend of $0.68 per share was on Sep 22, 2022 (ex-date). The annualized dividend distribution of $2.62 per share represents a current dividend yield of 3.41%.

Key dates

  • MDT last dividend date: Sep 22, 2022
  • MDT next dividend date: Not announced
MDT dividend stats
DPS
$2.62
Dividend yield
3.37%
Payout ratio
81.1%
vs. Healthcare sector
Dividend yield
1.66%
Payout ratio
38.1%

Dividend yield

What is Medtronic current dividend yield

Medtronic's dividend yield of 3.41% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.66%, Medtronic's dividend yield is 105% higher. The historical 5-year average of MDT's dividend yield is 2.2%, which is below the current yield.

Dividend history

What is MDT dividend payout history and dates

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 31% from a year ago, the dividend yield has an increase of 58%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Medtronic dividend payout ratio compared to the sector

Payout ratio

Medtronic's payout ratio of 81.1% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 38.1%, Medtronic's payout ratio is 113% higher.

Total amount of dividends paid per financial year (from cash flow)

MDT dividend vs peer dividends

How does MDT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MDT Medtronic plc 3.37% $2.62 81.1%
JNJ Johnson & Johnson 2.51% $4.45 61%
BAX Baxter International Inc 2.19% $1.15 N/A
ABT Abbott Laboratories 1.76% $1.88 42.1%
SYK Stryker Corp 1.12% $2.78 42.8%
CNMD CONMED Corp 0.89% $0.8 N/A
OMI Owens & Minor Inc 0.06% $0.01 0.7%

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 is Medtronic's next dividend?

At this point we don't have a record of MDT's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.

When was MDT's last dividend?

Medtronic's last dividend ex-date was on Sep 22, 2022. The dividend amount was $0.68 per share.

How much dividend does Medtronic pay (per share)?

MDT has paid dividend of $2.62 per share in the last year.

What is Medtronic's dividend yield?

Currently Medtronic's dividend yield is 3.41%.

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 81.1%.

Does Medtronic pay a good dividend?

Medtronic's dividend yield is above the Healthcare sector average.