Medtronic Dividends and Buybacks
Dividend criteria checks 5/6
Medtronic is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.2%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 7.0% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.800 |
| Payout ratio | 85% |
Recent dividend and buyback 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% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast (MDT) (up to 3 years) | 3.6% |
Notable Dividend: MDT's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Austrian market (2.09%).
High Dividend: MDT's dividend (3.25%) is low compared to the top 25% of dividend payers in the Austrian market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.7%), MDT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), MDT's dividend payments are covered by cash flows.