Medtronic Dividend
Dividend criteria checks 6/6
Medtronic is a dividend paying company with a current yield of 3.22% that is well covered by earnings.
Key information
3.2%
Dividend yield
87%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AR$3.16 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDT's dividends per share have been stable in the past 10 years.
Growing Dividend: MDT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Medtronic Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MDT) | 3.2% |
Market Bottom 25% (AR) | 0% |
Market Top 25% (AR) | 0% |
Industry Average (Medical Equipment) | 0% |
Analyst forecast in 3 Years (MDT) | 3.8% |
Notable Dividend: MDT's dividend (3.22%) is higher than the bottom 25% of dividend payers in the AR market (0.64%).
High Dividend: MDT's dividend (3.22%) is in the top 25% of dividend payers in the AR market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.1%), MDT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.3%), MDT's dividend payments are covered by cash flows.