Medtronic Dividend
Dividend criteria checks 5/6
Medtronic is a dividend paying company with a current yield of 3.48% that is well covered by earnings.
Key information
3.5%
Dividend yield
87%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.16 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0Y6X's dividends per share have been stable in the past 10 years.
Growing Dividend: 0Y6X's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Medtronic Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (0Y6X) | 3.5% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.9% |
Industry Average (Medical Equipment) | 2.6% |
Analyst forecast in 3 Years (0Y6X) | 3.8% |
Notable Dividend: 0Y6X's dividend (3.48%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0Y6X's dividend (3.48%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.1%), 0Y6X's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.3%), 0Y6X's dividend payments are covered by cash flows.