Medtronic is a leading global healthcare technology company, dedicated to improving lives through innovative medical solutions. With a rich history spanning decades, Medtronic specializes in medical devices, therapies, and services that address a wide range of chronic diseases. Their mission is to alleviate pain, restore health, and extend lives worldwide.
• Medtronic announced a Quarterly dividend of $0.69 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2024-03-21
• Medtronic annual dividend for 2023 was $2.74
• Medtronic dividend growth for 2022 - 2023 was 3.00%
• Typically, Medtronic pays dividends four times
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 21-03-2024 | $ 0.69 | Quarterly | 12-04-2024 |
| 19-12-2023 | $ 0.69 | Quarterly | 12-01-2024 |
| 21-09-2023 | $ 0.69 | Quarterly | 13-10-2023 |
| 22-06-2023 | $ 0.69 | Quarterly | 14-07-2023 |
| 23-03-2023 | $ 0.68 | Quarterly | 14-04-2023 |
| 20-12-2022 | $ 0.68 | Quarterly | 13-01-2023 |
| 22-09-2022 | $ 0.68 | Quarterly | 14-10-2022 |
| 23-06-2022 | $ 0.68 | Quarterly | 15-07-2022 |
| 24-03-2022 | $ 0.63 | Quarterly | 22-04-2022 |
| 21-12-2021 | $ 0.63 | Quarterly | 14-01-2022 |
| 23-09-2021 | $ 0.63 | Quarterly | 15-10-2021 |
| 24-06-2021 | $ 0.63 | Quarterly | 16-07-2021 |
| 25-03-2021 | $ 0.58 | Quarterly | 16-04-2021 |
| 21-12-2020 | $ 0.58 | Quarterly | 15-01-2021 |
| 24-09-2020 | $ 0.58 | Quarterly | 16-10-2020 |
| 25-06-2020 | $ 0.58 | Quarterly | 17-07-2020 |
| 26-03-2020 | $ 0.54 | Quarterly | 17-04-2020 |
| 26-12-2019 | $ 0.54 | Quarterly | 17-01-2020 |
| 26-09-2019 | $ 0.54 | Quarterly | 18-10-2019 |
| 05-07-2019 | $ 0.54 | Quarterly | 25-07-2019 |
| 21-03-2019 | $ 0.50 | Quarterly | 12-04-2019 |
| 27-12-2018 | $ 0.50 | Quarterly | 18-01-2019 |
| 27-09-2018 | $ 0.50 | Quarterly | 19-10-2018 |
| 05-07-2018 | $ 0.50 | Quarterly | 25-07-2018 |
| 22-03-2018 | $ 0.46 | Quarterly | 13-04-2018 |
| 28-12-2017 | $ 0.46 | Quarterly | 19-01-2018 |
| 28-09-2017 | $ 0.46 | Quarterly | 20-10-2017 |
| 05-07-2017 | $ 0.46 | Quarterly | 26-07-2017 |
| 22-03-2017 | $ 0.43 | Quarterly | 13-04-2017 |
| 21-12-2016 | $ 0.43 | Quarterly | 13-01-2017 |
| 27-09-2016 | $ 0.43 | Quarterly | 21-10-2016 |
| 06-07-2016 | $ 0.43 | Quarterly | 27-07-2016 |
| 22-03-2016 | $ 0.38 | Quarterly | 15-04-2016 |
| 22-12-2015 | $ 0.38 | Quarterly | 15-01-2016 |
| 23-09-2015 | $ 0.38 | Quarterly | 16-10-2015 |
| 25-06-2015 | $ 0.38 | Quarterly | 17-07-2015 |
| 26-03-2015 | $ 0.31 | Quarterly | 17-04-2015 |
| 30-12-2014 | $ 0.31 | Quarterly | 06-01-2015 |
| 01-10-2014 | $ 0.31 | Quarterly | 24-10-2014 |
| 01-07-2014 | $ 0.31 | Quarterly | 25-07-2014 |
| 02-04-2014 | $ 0.28 | Quarterly | 25-04-2014 |
| 31-12-2013 | $ 0.28 | Quarterly | 24-01-2014 |
| 02-10-2013 | $ 0.28 | Quarterly | 25-10-2013 |
| 02-07-2013 | $ 0.28 | Quarterly | 26-07-2013 |
| 03-04-2013 | $ 0.26 | Quarterly | 26-04-2013 |
| 13-12-2012 | $ 0.26 | Quarterly | 28-12-2012 |
| 03-10-2012 | $ 0.26 | Quarterly | 26-10-2012 |
| 03-07-2012 | $ 0.26 | Quarterly | 27-07-2012 |
| 03-04-2012 | $ 0.24 | Quarterly | 27-04-2012 |
| 04-01-2012 | $ 0.24 | Quarterly | 27-01-2012 |
| 05-10-2011 | $ 0.24 | Quarterly | 28-10-2011 |
| 06-07-2011 | $ 0.24 | Quarterly | 29-07-2011 |
| 06-04-2011 | $ 0.23 | Quarterly | 29-04-2011 |
| 05-01-2011 | $ 0.23 | Quarterly | 28-01-2011 |
| 06-10-2010 | $ 0.23 | Quarterly | 29-10-2010 |
| 07-07-2010 | $ 0.23 | Quarterly | 30-07-2010 |
| 07-04-2010 | $ 0.21 | Quarterly | 30-04-2010 |
| 06-01-2010 | $ 0.21 | Quarterly | 29-01-2010 |
Are you planning on buying Medtronic? Calculate your expected dividend yield:
Medtronic, a global leader in medical technology, has long maintained a prudent and investor-friendly dividend policy. The company’s approach to dividends is characterized by a commitment to providing consistent returns to its shareholders. Medtronic typically pays dividends on a quarterly basis, offering investors a predictable stream of income. The company’s dividend policy reflects its financial stability and growth prospects within the healthcare sector. Medtronic’s management strives to strike a balance between rewarding shareholders through dividends and reinvesting in research, innovation, and acquisitions to drive future growth. This approach has made Medtronic an attractive choice for income-seeking investors while also supporting its long-term sustainability.
Other factors to consider when evaluating Medtronic as a dividend stock include its dividend yield, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company’s ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage’s trading platform to place an order to buy Medtronic stock.
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1. Determination of Dividend: Medtronic’s board of directors reviews the company’s financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Medtronic publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder’s brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Medtronic are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction’s tax regulations.
1. Record Date: Medtronic sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Medtronic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder’s brokerage account or bank account.
3. Currency: Company-Name declares the currency in which the dividend will be paid. Depending on the shareholder’s location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Medtronic’s dividend, it is crucial to analyze the company’s financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company’s future earnings, cash flow projections, and management’s commitment to dividend policies can provide valuable insights.
It is recommended to review Medtronic’s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company’s financial situation.
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