Last update: Mar 25, 2026 at 04:53
About Medtronic plc
Medtronic plc is a global leader in medical technology, developing and manufacturing devices and therapies that address over 70 health conditions. The company operates across four main portfolios: Cardiovascular, which includes cardiac ablation solutions, rhythm management, surgery, coronary and renal denervation, mechanical circulatory support, peripheral vascular health, structural heart and aortic products; Diabetes, offering therapies and services for insulin-dependent individuals with Type 1 and Type 2 diabetes; Medical Surgical, encompassing surgical endoscopy and acute care and monitoring; and Restorative Therapies, covering cranial and spinal technologies, neuromodulation, neurovascular, pelvic health, gastric therapies, and ear, nose, and throat solutions. Medtronic plc produces innovative products such as implantable pacemakers, cardioverter-defibrillators, spinal cord stimulators, insulin pumps, and remote monitoring systems, serving patients in hospitals, homes, and surgical settings worldwide. Founded in 1949 and legally headquartered in Dublin, Ireland, with operational headquarters in Minneapolis, Minnesota, it focuses on advancing healthcare through minimally invasive therapies, disease management, and patient monitoring technologies in more than 150 countries.
Dividend Overview
Dividend Yield
3.21%
Annual Dividend
$2.83
Frequency
Quarterly
Payout Ratio
79.05%
FCF Payout Ratio
67.06%
Stock Price
$86.58
52-Week Range
$79.55 – $106.33
Dividend Health Score
MDT's dividend appears safe and well-supported. Strengths include a 8.7x interest coverage & 28.7% net debt / total assets. As a Dividend Aristocrat with 25+ consecutive years of increases, MDT has a proven commitment to shareholders.
Based on 15 of 15 metrics
Payout & Coverage
CautionBalance Sheet
SafeProfitability
SafeDividend Track Record
Very SafeDividend History (2016–2025)
MDT annual dividend per share and yield history
Earnings & Profitability
MDT earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
March 27, 2026
Next Payment Date
April 17, 2026
Dividend Growth
3-Year Dividend CAGR
1.96%
5-Year Dividend CAGR
4.42%
10-Year Dividend CAGR
6.95%
3-Year Total Growth
5.99%
5-Year Total Growth
24.12%
10-Year Total Growth
95.85%
Dividend Aristocrat (25+ yrs)
This company has increased its dividend for 25+ consecutive years.
Income Calculator
Similar Dividend Stocks
Frequently Asked Questions
What is MDT's current dividend yield?
When is MDT's next dividend payment date?
How much does MDT pay in dividends per year?
Has MDT been increasing its dividend?
Is MDT's dividend safe?
How is MDT's Dividend Health Score calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track MDT Dividends with OnlyDividends
What will MDT actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.