MDT Medtronic
Healthcare
Price $78.60 +0.58%
Dividend Yield3.63%
Annual Dividend$2.84
FrequencyQuarterly
P/E Ratio21.83
EPS$3.62
Payout Ratio77.0%
Beta0.63
Market Cap$100.34B
52W High$106.33
52W Low$74.40

Dividend Details

Annual Dividend
$2.84
Per Payment
$0.7100
Ex-Dividend Date
2026-03-27
Payment Date
2026-04-17

Recent Dividend History

Ex-Date Amount Pay Date
2026-03-27 $0.7100 2026-04-17
2025-12-26 $0.7100 2026-01-16
2025-09-26 $0.7100 2025-10-17
2025-06-27 $0.7100 2025-07-11
2025-03-28 $0.7000 2025-04-11
2024-12-27 $0.7000 2025-01-10
2024-09-27 $0.7000 2024-10-11
2024-06-28 $0.7000 2024-07-12

Calculate MDT Dividend Income

Annual Income$363
Monthly Income$30
Shares127
Phin Smith
AUTHORED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Pavlo Pyskunov
779 people found this helpful

Quick Facts

  • Yield: 3.63%
  • 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, — the company has raised its payout through recessions, rate hikes, and market downturns alike.

Sector: Healthcare

MDT Dividend FAQ

What is MDT's current dividend yield and payout?

MDT currently yields 3.63% annually, paying $2.84 per share per year based on a share price of $78.60. This translates to $0.7100 per share per quarter. The payout ratio is 77%, which is elevated, suggesting investors should monitor earnings coverage closely.

How often does MDT pay dividends?

MDT distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.7100 per share.

When is MDT's next ex-dividend date?

The next ex-dividend date for MDT is 2026-03-27. To receive the upcoming dividend, you must purchase shares before the ex-dividend date. If you buy on or after the ex-date, the seller receives that payment instead. The payment will be deposited into your brokerage account on 2026-04-17.

How much does $10,000 invested in MDT pay in dividends?

A $10,000 investment in MDT at $78.60 per share buys approximately 127 shares. At the current 3.63% yield, this generates approximately $363 per year, or $30 per month in dividend income before taxes.

How long has MDT been increasing dividends?

MDT has increased its dividend for 47 consecutive years, earning Dividend Aristocrat status. Only ~67 S&P 500 companies have achieved this 25+ year milestone, reflecting strong financial discipline across economic cycles.

Is MDT's dividend sustainable?

At a 77% payout ratio, MDT distributes most of its earnings as dividends while retaining some capacity for growth. Monitor quarterly earnings to ensure continued coverage.

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 raised its dividend through multiple recessions, rate cycles, and market crashes over those 47 years. That kind of track record comes from management teams that prioritize the payout and have the earnings power to back it up.

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.