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Medtronic plc (MDT)
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MDT Dividends

Medtronic plc (MDT) pays $2.84 in dividends per share, with a current dividend yield of 3.54%. The company has dividend history for 46 consecutive years.

MDT Dividend Summary

Consecutive Years

46

Next Ex-Dividend Date

Jun 26, 2026

Next Payment Date

Jul 17, 2026

MDT Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

MDT Dividends CAGR Chart

Medtronic plc (MDT)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.43
2025$2.83+1.43%
2024$2.79+1.45%
2023$2.75+3.00%
2022$2.67+8.10%
2021$2.47+8.33%
2020$2.28+7.55%
2019$2.12+8.16%
2018$1.96+8.29%
2017$1.81+8.38%
2016$1.67+15.57%
2015$1.44+20.92%
2014$1.19+8.64%
2013$1.10N/A
2012$1.26N/A
2011$0.94+8.72%
2010$0.86N/A
2009$0.60N/A
2008$0.81N/A
2007$0.47+13.94%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.72+1.41%
Q1 2026$0.71+1.43%
Q4 2025$0.71+1.43%
Q3 2025$0.71+1.43%
Q2 2025$0.71+1.43%
Q1 2025$0.70+1.45%
Q4 2024$0.70+1.45%
Q3 2024$0.70+1.45%
Q2 2024$0.70+1.45%
Q1 2024$0.69+1.47%
Q4 2023$0.69+1.47%
Q3 2023$0.69+1.47%
Q2 2023$0.69+1.47%
Q1 2023$0.68+7.94%
Q4 2022$0.68+7.94%
Q3 2022$0.68+7.94%
Q2 2022$0.68+7.94%
Q1 2022$0.63+8.62%
Q4 2021$0.63+8.62%
Q3 2021$0.63+8.62%
Q2 2021$0.63+8.62%
Q1 2021$0.58+7.41%
Q4 2020$0.58+7.41%
Q3 2020$0.58

Dividend Yield Metrics

Current Yield
3.54%
Average Yield (TTM)
3.54%
Average Yield (3Y)
3.48%
Forward Yield on Cost (3Y)
4.05%
Forward Yield on Cost (5Y)
4.44%
Forward Yield on Cost (10Y)
5.57%

Payout Ratio Analysis

Payout Ratio (Current)
75.73%
FCF Payout Ratio
67.09%
Payout Ratio (3Y Avg)
91.95%
Payout Ratio (5Y Avg)
87.84%
FCF Payout (3Y Avg)
73.75%
FCF Payout (5Y Avg)
69.84%

Dividend Coverage

Payout Ratio
75.7%
Dividends / net income
FCF Payout Ratio
67.1%
Dividends / free cash flow
Consecutive Years
46 years
Years with regular dividend payments
5Y Dividend Growth
4.4%
Compound annual dividend growth

About Medtronic plc

Medtronic plc is a leading global medical technology enterprise that invents, develops, manufactures, and distributes an extensive range of device-based medical therapies. These solutions serve healthcare systems, clinicians, physicians, and patients across the world. The company's operations are categorized into several key portfolios: Cardiovascular Portfolio: This segment focuses on cardiac health, providing technologies for heart rhythm management, including implantable pacemakers, defibrillators, and monitoring systems, alongside cardiac ablation tools and remote patient software. It also addresses structural heart issues with products like aortic and pulmonary valves, surgical repair devices, and endovascular stent grafts, in addition to offerings for percutaneous coronary interventions (e.g., angioplasty balloons). Medical Surgical Portfolio: Offering a broad spectrum of surgical instruments and therapies, this division includes staples, vessel sealing devices, wound closure products, and electrosurgical equipment. It also pioneers surgical artificial intelligence and robotic-assisted platforms, alongside solutions for hernia repair, gynecology, lung conditions, minimally invasive gastrointestinal and hepatologic diagnostics, patient monitoring, airway management, ventilation therapies, and renal disease. Neuroscience Portfolio: This division delivers specialized products for a diverse group of medical professionals, such as spinal surgeons, neurosurgeons, neurologists, pain management specialists, and ENT experts. Its offerings span energy surgical instruments, advanced image-guided and intra-operative imaging systems, robotic guidance for spine procedures, and therapies targeting the brain's vasculature. Diabetes Operating Unit: Dedicated to diabetes management, this unit provides innovative solutions like insulin pumps and their associated consumables, continuous glucose monitoring (CGM) systems, and smart insulin pen technologies. Established in 1949, Medtronic plc maintains its corporate headquarters in Dublin, Ireland.

Galway
95,000 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
Geoffrey Straub Martha