Medtronic (MDT) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $2.86
- Forward yield
- 3.07%
- Payout ratio
- 50.0%
- Growth streak
- 5 years
Medtronic pays a quarterly dividend of $0.72 per share. Its latest dividend had an ex-date of September 25, 2026 and is scheduled to be paid on October 16, 2026. Over the trailing twelve months, Medtronic paid $2.86 per share, a yield of about 3.31% at a share price of $86.38.
The record shows a small raise once a year, each with the payment that goes ex-dividend in June. The rate went from $0.63 to $0.68 in June 2022, a five-cent step of 7.9%. Since then, each raise has been one cent, or about 1.4% to 1.5%. The rate moved to $0.69 in 2023, $0.70 in 2024, $0.71 in 2025 and $0.72 in 2026. Since late 2021, the quarterly rate has grown about 14%. Payments by calendar year rose from $2.67 in 2022 to $2.83 in 2025. Medtronic has increased its dividend for five consecutive years.
If the pattern holds, the next payment would go ex-dividend in late December 2026 and be paid in mid-January 2027. Past raises have come with the June payment.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 20, 2026 | Sep 25, 2026 | Oct 16, 2026 | $0.72 |
| Jun 3, 2026 | Jun 26, 2026 | Jul 17, 2026 | $0.72 |
| Mar 5, 2026 | Mar 27, 2026 | Apr 17, 2026 | $0.71 |
| Dec 4, 2025 | Dec 26, 2025 | Jan 16, 2026 | $0.71 |
| Aug 14, 2025 | Sep 26, 2025 | Oct 17, 2025 | $0.71 |
| May 20, 2025 | Jun 27, 2025 | Jul 11, 2025 | $0.71 |
| Mar 6, 2025 | Mar 28, 2025 | Apr 11, 2025 | $0.70 |
| Dec 5, 2024 | Dec 27, 2024 | Jan 10, 2025 | $0.70 |
| Aug 16, 2024 | Sep 27, 2024 | Oct 11, 2024 | $0.70 |
| May 23, 2024 | Jun 28, 2024 | Jul 12, 2024 | $0.70 |
| Mar 7, 2024 | Mar 21, 2024 | Apr 12, 2024 | $0.69 |
| Dec 7, 2023 | Dec 19, 2023 | Jan 12, 2024 | $0.69 |
| Aug 17, 2023 | Sep 21, 2023 | Oct 13, 2023 | $0.69 |
| May 25, 2023 | Jun 22, 2023 | Jul 14, 2023 | $0.69 |
| Mar 2, 2023 | Mar 23, 2023 | Apr 14, 2023 | $0.68 |
| Dec 8, 2022 | Dec 20, 2022 | Jan 13, 2023 | $0.68 |
| Aug 18, 2022 | Sep 22, 2022 | Oct 14, 2022 | $0.68 |
| May 26, 2022 | Jun 23, 2022 | Jul 15, 2022 | $0.68 |
| Mar 3, 2022 | Mar 24, 2022 | Apr 22, 2022 | $0.63 |
| Dec 10, 2021 | Dec 21, 2021 | Jan 14, 2022 | $0.63 |
Frequently asked questions
Does Medtronic (MDT) pay a dividend?
Yes. Medtronic pays a quarterly dividend; the most recent payment was $0.72 per share.
What is MDT's dividend yield?
Medtronic paid $2.86 per share over the trailing twelve months, a yield of 3.07% at the last price of $93.17. Click here to learn more
When is MDT's most recent ex-dividend date?
Medtronic's most recent ex-dividend date is Sep 25, 2026, payable on Oct 16, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MDT been raising its dividend?
Yes — Medtronic has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.