Dividend Details
Calculate MDT Dividend Income
Quick Facts
- Yield: 2.87%
- Frequency: Quarterly
- Sector: Healthcare
- Streak: 47 years
- Payout: 77%
About Medtronic
Medtronic is a Dividend Aristocrat with 47 consecutive years of dividend increases.
47 consecutive years of dividend increases, demonstrating a strong commitment to returning value to shareholders and growing income over time.
Frequently Asked Questions
What is MDT's dividend yield?
MDT currently yields 2.87% annually based on a share price of $99.00 and annual dividend of $2.77.
How often does MDT pay dividends?
MDT pays dividends quarterly, typically in March, June, September, and December.
Is MDT a good dividend stock?
With a 2.87% yield and quarterly payments, plus a 47-year dividend growth streak, MDT is popular among income investors. Always consider your personal goals and risk tolerance.
MDT Dividend Investing Guide
Medtronic (MDT) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a healthcare sector stock, MDT offers exposure to the healthcare industry with its defensive characteristics and aging population tailwinds.
As a Dividend Aristocrat with 47 consecutive years of dividend increases, MDT has demonstrated exceptional commitment to shareholder returns through multiple economic cycles, recessions, and market downturns. This track record of dividend growth suggests strong management discipline and sustainable payout policies.
To maximize returns from MDT dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your MDT investment.