Medtronic plc
MDT43 yrs growthHealthcare · Stock · quarterly payer
$81.93
Add to PortfolioForward Yield
3.52%
Annual Dividend
$2.88
Payout Ratio
76%
5-Yr Growth
4.1%
Ex-Date
Jun 26, 2026
Frequency
Quarterly
MDT Dividend Safety Score
88/ 100
Grade A
Very Safe
Dividend-growth streak25 consecutive years of growth
Cut historyCut its dividend in 2000
Earnings payout coverage76% of earnings paid out
Balance-sheet strengthDebt/equity of 0.57
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MDT a good dividend stock?
YesMedtronic plc (MDT) pays a quarterly dividend yielding 3.52% ($2.88/yr), with 43 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 43 consecutive years of growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2000
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.52%
- Payout Ratio
- 76%
- Annual Dividend
- $2.88
- 5-Yr Avg Growth
- 4.1%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 43
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $105.2B
- P/E Ratio
- 22.0
- 5-Yr Total Return
- -34%
- 52-Week Range
- $73.31 – $106.33
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (2000)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 27, 2026 | — | $0.7100 | regular |
| Dec 26, 2025 | — | $0.7100 | regular |
| Sep 26, 2025 | — | $0.7100 | regular |
| Jun 27, 2025 | — | $0.7100 | regular |
| Mar 28, 2025 | — | $0.7000 | regular |
| Dec 27, 2024 | — | $0.7000 | regular |
| Sep 27, 2024 | — | $0.7000 | regular |
| Jun 28, 2024 | — | $0.7000 | regular |
| Mar 21, 2024 | — | $0.6900 | regular |
| Dec 19, 2023 | — | $0.6900 | regular |
| Sep 21, 2023 | — | $0.6900 | regular |
| Jun 22, 2023 | — | $0.6900 | regular |
| Mar 23, 2023 | — | $0.6800 | regular |
| Dec 20, 2022 | — | $0.6800 | regular |
Income Calculator
At $2.88 / yr per share
Per payment (quarterly)$72.00
Annual$288.00
Monthly avg$24.00
