Medtronic (MDT) Dividend Yield, Date & History $81.40 +0.37 (+0.46%) (As of 12/23/2024 05:45 PM ET) Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Medtronic Dividend SummaryDividend Yield3.44%Annual Dividend$2.80Next Dividend Payment Jan. 10 Dividend Increase Track Record 48 YearsAnnualized 3-Year Dividend Growth 6.45%Dividend Payout Ratio 85.63% Medtronic (MDT) pays an annual dividend of $2.80 per share, with a dividend yield of 3.44%. The next quarterly payment of $0.70 per share is scheduled for Friday, January 10, to investors who own the stock before the ex-dividend date of Friday, December 27. MDT has grown its dividend for 48 consecutive years, with an average annual increase of 2.11%. The company currently pays out 85.63% of its earnings and 39.39% of its cash flow as dividends. Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email to sign up for newsletter Sign Up Skip Charts & View Dividend HistoryMDT Dividend Payments by QuarterDividend Payments by Quarter Chart DescriptionThe chart below displays up to four years of Medtronic's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.Open Medtronic in Dividend Calculator MDT Dividend Yield Over TimeDividend Yield Over Time Chart DescriptionThe chart below tracks Medtronic's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.Open Medtronic in Dividend Yield Calculator Ad Crypto 101 MediaTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode before 2025! Trump could trigger THIS crypto coin… YES, I WANT THE #1 CRYPTO NOW Medtronic vs. The CompetitionCompare Medtronic's annual dividend, yield, and 3-year growth rate with averages for Medical and NYSE companies to evaluate its performance against the market.TypeMedtronicMedical CompaniesNYSE CompaniesAnnual Dividend$2.80$0.05$1.39Dividend Yield3.44%5.12%3.67%Annualized 3-Year Dividend Growth6.45%16.19%15.74%Track Record48 years23 years25 yearsMedtronic Dividend Payout RatioDividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.TypePayout RatioBased on Trailing 12 Months of Earnings85.63%Based on This Year's Estimate51.38%Based on Next Year's Estimate47.78%Based on Cashflow39.39% Medtronic Dividend History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years All Time Time Frame * Start Date * End Date AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date12/5/2024quarterly$0.70 - 3.33%12/27/202412/27/20241/10/20258/15/2024Quarterly$0.70 - 3.31%9/27/20249/27/202410/11/20245/22/2024quarterly$0.70+$0.011.45%3.26%6/28/20246/28/20247/12/2024Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong (Ad)Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.Click here to watch this demo and decide for yourself.3/7/2024quarterly$0.69 - 3.24%3/21/20243/22/20244/12/202412/7/2023quarterly$0.69 - 3.47%12/19/202312/20/20231/12/20248/17/2023quarterly$0.69 - 3.38%9/21/20239/22/202310/13/20235/24/2023quarterly$0.69+$0.011.47%3.15%6/22/20236/23/20237/14/20233/2/2023quarterly$0.68 - 3.31%3/23/20233/24/20234/14/2023This table shows Medtronic's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time. Medtronic Dividend - Frequently Asked Questions What is Medtronic's dividend yield? The current dividend yield for Medtronic is 3.44%. Learn more on MDT's dividend yield history. How much is Medtronic's annual dividend? The annual dividend for MDT shares is $2.80. Learn more on MDT's annual dividend history. How often does Medtronic pay dividends? Medtronic pays quarterly dividends to shareholders. When is Medtronic's next dividend payment? Medtronic's next quarterly dividend payment of $0.70 per share will be made to shareholders on Friday, January 10, 2025. When was Medtronic's most recent dividend payment? Medtronic's most recent quarterly dividend payment of $0.70 per share was made to shareholders on Friday, October 11, 2024. When is Medtronic's ex-dividend date? Medtronic's next ex-dividend date is Friday, December 27, 2024. When was Medtronic's most recent ex-dividend date? Medtronic's most recent ex-dividend date was Friday, September 27, 2024. Is Medtronic's dividend growing? Over the past three years, the company's dividend has grown by an average of 6.45% per year. What track record does Medtronic have of raising its dividend? Medtronic has increased its dividend for the past 48 consecutive years. When did Medtronic last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.01 on Wednesday, May 22, 2024. What is Medtronic's dividend payout ratio? The dividend payout ratio for MDT is: 85.63% based on the trailing year of earnings 51.38% based on this year's estimates 47.78% based on next year's estimates 39.39% based on cash flow Is Medtronic a good dividend stock? Medtronic's dividend yield of 3.50% is lower than the average Medical company that issues a dividend. The company's 48 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Medtronic's dividend payout ratio of 85.63% may not be sustainable. However, based on earnings estimates, MDT will have a more sustainable dividend payout ratio of 47.78% next year. Looking at the stock as a whole, market analysts rate Medtronic stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time. 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