Medtronic plc

Medtronic plc

MDTยทNYSE

$77.95

+5.7%
HealthcareMedical - Devices

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.

At a Glance

Live Snapshot
Market Cap$100.08B
EPS3.7500
P/E Ratio26.93
Earnings Date08/18/2026
0.85%
Dividend Yield
21%
3Y+14.0%
5Y+92.0%
10Y+74.0%
73.20%
Dividend Payout Ratio
-8%
3Y-5.0%
5Y+27.0%
10Y+14.0%
3Y+1.0%
5Y+17.0%
10Y+72.0%
Medtronic plc

Medtronic plc Dividend History

MDT ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MDT Dividend Payment History

MDT ยท NYSE

Total Payments

50

Latest Dividend

$0.7200

Annual Amount

$3.5600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
N/A
Jun 26, 2026Jul 17, 2026
$0.7200
$0.7200
Quarterly+1.41%
Mar 5, 2026
Mar 27, 2026Apr 17, 2026
$0.7100
$0.7100
Quarterly0.00%
Dec 4, 2025
Dec 26, 2025Jan 16, 2026
$0.7100
$0.7100
Quarterly0.00%
Aug 14, 2025
Sep 26, 2025Oct 17, 2025
$0.7100
$0.7100
Quarterly0.00%
May 20, 2025
Jun 27, 2025Jul 11, 2025
$0.7100
$0.7100
Quarterly+1.43%
Mar 6, 2025
Mar 28, 2025Apr 11, 2025
$0.7000
$0.7000
Quarterly0.00%
Dec 5, 2024
Dec 27, 2024Jan 10, 2025
$0.7000
$0.7000
Quarterly0.00%
Aug 15, 2024
Sep 27, 2024Oct 11, 2024
$0.7000
$0.7000
Quarterly0.00%
May 22, 2024
Jun 28, 2024Jul 12, 2024
$0.7000
$0.7000
Quarterly+1.45%
Mar 7, 2024
Mar 22, 2024Apr 12, 2024
$0.6900
$0.6900
Quarterly0.00%
Dec 7, 2023
Dec 20, 2023Jan 12, 2024
$0.6900
$0.6900
Quarterly0.00%
Aug 17, 2023
Sep 22, 2023Oct 13, 2023
$0.6900
$0.6900
Quarterly0.00%
May 24, 2023
Jun 23, 2023Jul 14, 2023
$0.6900
$0.6900
Quarterly+1.47%
Mar 2, 2023
Mar 24, 2023Apr 14, 2023
$0.6800
$0.6800
Quarterly0.00%
Dec 8, 2022
Dec 21, 2022Jan 13, 2023
$0.6800
$0.6800
Quarterly0.00%
Aug 18, 2022
Sep 23, 2022Oct 14, 2022
$0.6800
$0.6800
Quarterly0.00%
May 25, 2022
Jun 24, 2022Jul 15, 2022
$0.6800
$0.6800
Quarterly+7.94%
Mar 3, 2022
Mar 25, 2022Apr 22, 2022
$0.6300
$0.6300
Quarterly0.00%
Dec 9, 2021
Dec 22, 2021Jan 14, 2022
$0.6300
$0.6300
Quarterly0.00%
Aug 20, 2021
Sep 24, 2021Oct 15, 2021
$0.6300
$0.6300
Quarterly0.00%
May 27, 2021
Jun 25, 2021Jul 16, 2021
$0.6300
$0.6300
Quarterly+8.62%
Mar 8, 2021
Mar 26, 2021Apr 16, 2021
$0.5800
$0.5800
Quarterly0.00%
Dec 11, 2020
Dec 22, 2020Jan 15, 2021
$0.5800
$0.5800
Quarterly0.00%
Aug 21, 2020
Sep 25, 2020Oct 16, 2020
$0.5800
$0.5800
Quarterly0.00%
May 20, 2020
Jun 26, 2020Jul 17, 2020
$0.5800
$0.5800
Quarterly+7.41%
Mar 6, 2020
Mar 27, 2020Apr 17, 2020
$0.5400
$0.5400
Quarterly0.00%
Dec 6, 2019
Dec 27, 2019Jan 17, 2020
$0.5400
$0.5400
Quarterly0.00%
Aug 23, 2019
Sep 27, 2019Oct 18, 2019
$0.5400
$0.5400
Quarterly0.00%
Jun 21, 2019
Jul 8, 2019Jul 25, 2019
$0.5400
$0.5400
Quarterly+8.00%
Mar 8, 2019
Mar 22, 2019Apr 12, 2019
$0.5000
$0.5000
Quarterly0.00%
Dec 10, 2018
Dec 28, 2018Jan 18, 2019
$0.5000
$0.5000
Quarterly0.00%
Aug 24, 2018
Sep 28, 2018Oct 19, 2018
$0.5000
$0.5000
Quarterly0.00%
Jun 25, 2018
Jul 6, 2018Jul 25, 2018
$0.5000
$0.5000
Quarterly+8.70%
Mar 12, 2018
Mar 23, 2018Apr 13, 2018
$0.4600
$0.4600
Quarterly0.00%
Dec 8, 2017
Dec 29, 2017Jan 19, 2018
$0.4600
$0.4600
Quarterly0.00%
Aug 28, 2017
Sep 29, 2017Oct 20, 2017
$0.4600
$0.4600
Quarterly0.00%
Jun 27, 2017
Jul 7, 2017Jul 26, 2017
$0.4600
$0.4600
Quarterly+6.98%
Mar 13, 2017
Mar 24, 2017Apr 13, 2017
$0.4300
$0.4300
Quarterly0.00%
Dec 12, 2016
Dec 23, 2016Jan 13, 2017
$0.4300
$0.4300
Quarterly0.00%
Sep 27, 2016
Sep 29, 2016Oct 21, 2016
$0.4300
$0.4300
Quarterly0.00%
Jun 27, 2016
Jul 8, 2016Jul 27, 2016
$0.4300
$0.4300
Quarterly+13.16%
Feb 19, 2016
Mar 24, 2016Apr 15, 2016
$0.3800
$0.3800
Quarterly0.00%
Dec 22, 2015
Dec 24, 2015Jan 15, 2016
$0.3800
$0.3800
Quarterly0.00%
Aug 24, 2015
Sep 25, 2015Oct 16, 2015
$0.3800
$0.3800
Quarterly0.00%
Jun 19, 2015
Jun 29, 2015Jul 17, 2015
$0.3800
$0.3800
Quarterly+24.59%
Feb 20, 2015
Mar 30, 2015Apr 17, 2015
$0.3050
$0.3050
Quarterly0.00%
Dec 4, 2014
Jan 2, 2015Jan 6, 2015
$0.3050
$0.3050
Quarterly0.00%
Aug 21, 2014
Oct 3, 2014Oct 24, 2014
$0.3050
$0.3050
Quarterly0.00%
Jun 16, 2014
Jul 3, 2014Jul 25, 2014
$0.3050
$0.3050
Quarterly+8.93%
Feb 13, 2014
Apr 4, 2014Apr 25, 2014
$0.2800
$0.2800
Quarterly-
mdt

Medtronic plc Payout Ratio Analysis

MDT ยท NYSE
Dividends Paid
-3.64B
2026
Net Income
4.80B
2026
Payout Ratio
75.80%
2026

Dividend Sustainability Analysis

Payout Ratio
75.80%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
67.1%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-1.4%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.