Medtronic Dividends and Buybacks
Dividend criteria checks 4/6
Medtronic is a dividend paying company with a current yield of 3.13%.
Key information
3.1%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 96% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDTD's dividends per share have been stable in the past 10 years.
Growing Dividend: MDTD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Medtronic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDTD) | 3.1% |
| Market Bottom 25% (AR) | 0% |
| Market Top 25% (AR) | 0% |
| Industry Average (Medical Equipment) | 0% |
| Analyst forecast (MDTD) (up to 3 years) | 3.4% |
Notable Dividend: MDTD's dividend (3.13%) is higher than the bottom 25% of dividend payers in the AR market (0.88%).
High Dividend: MDTD's dividend (3.13%) is low compared to the top 25% of dividend payers in the AR market (4.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.2%), MDTD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.2%), MDTD's dividend payments are covered by cash flows.