Medtronic Dividend
Dividend criteria checks 4/6
Medtronic is a dividend paying company with a current yield of 3.13%.
Key information
3.1%
Dividend yield
93%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$2.800 |
| Earnings per share | Mex$3.06 |
| Dividend yield forecast | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDT N's dividends per share have been stable in the past 10 years.
Growing Dividend: MDT N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Medtronic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDT N) | 3.1% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Medical Equipment) | 0% |
| Analyst forecast (MDT N) (up to 3 years) | 3.4% |
Notable Dividend: MDT N's dividend (3.13%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: MDT N's dividend (3.13%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93%), MDT N's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.8%), MDT N's dividend payments are covered by cash flows.