SmarterDividends
MDT

Medtronic plc

MDT43 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

3.45%

Annual Dividend

$38.88

Payout Ratio

76%

5-Yr Growth

4.1%

Ex-Date

Jun 26, 2026

Frequency

Quarterly

Dividend Growth

Total dividends per share by year

What is MDT?

Medtronic plc (MDT) is a Healthcare company that pays a quarterly dividend currently yielding about 3.45%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 43-year dividend growth streak (Dividend King territory)
  • 4.1% 5-yr dividend growth rate

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.45%
Payout Ratio
76%
Annual Dividend
$38.88
5-Yr Avg Growth
4.1%
Ex-Dividend Date
Jun 26, 2026
Years of Growth
43
Frequency
quarterly
Beta
Market Cap
$105.6B
P/E Ratio
22.0

Frequently Asked Questions

Income Calculator

At $38.88 / yr per share

Per payment (quarterly)$972.00
Annual$3,888.00
Monthly avg$324.00