Medtronic Dividend
Dividend criteria checks 4/6
Medtronic is a dividend paying company with a current yield of 3.53%.
Key information
3.5%
Dividend yield
100%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.87 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2M6's dividends per share have been stable in the past 10 years.
Growing Dividend: 2M6's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Medtronic Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2M6) | 3.5% |
Market Bottom 25% (BG) | 1.5% |
Market Top 25% (BG) | 6.2% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (2M6) | 3.7% |
Notable Dividend: 2M6's dividend (3.53%) is higher than the bottom 25% of dividend payers in the BG market (1.52%).
High Dividend: 2M6's dividend (3.53%) is low compared to the top 25% of dividend payers in the BG market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.7%), 2M6's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69%), 2M6's dividend payments are covered by cash flows.