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
3.54%
$2.84
75.73%
67.09%
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 listThis 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
| Year | Dividend/Share | YoY 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 | $1.10 | N/A |
| 2012 | $1.26 | N/A |
| 2011 | $0.94 | +8.72% |
| 2010 | $0.86 | N/A |
| 2009 | $0.60 | N/A |
| 2008 | $0.81 | N/A |
| 2007 | $0.47 | +13.94% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY 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
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.
- Sector
- Healthcare
- Industry
- Medical - Devices
- CEO
- Geoffrey Straub Martha