Medtronic (MDT) Raises Qtr. Dividend 50% to $0.1875
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Medtronic, Inc. (NYSE: MDT) today approved a 50% increase in its cash dividend for FY2009, raising the quarterly amount from $0.12 to 0.1875 per share common share. The dividend will be payable on July 25, 2008, to shareholders of record at the close of business on July 3, 2008.
This marks the twenty-second consecutive year of increasing the dividend payment to shareholders, and the thirty-second year of uninterrupted dividend payments.
Medtronic, Inc. develops, manufactures, and markets medical devices worldwide.
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