Medtronic (MDT) Raises Quarterly Dividend 8.7% to $0.50; 2.3% Yield

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Go back to Medtronic (MDT) Raises Quarterly Dividend 8.7% to $0.50; 2.3% Yield

Medtronic Announces 9 Percent Increase In Cash Dividend

June 22, 2018 6:46 AM EDT

41st Consecutive Year of Dividend Increases

DUBLIN - June 22, 2018 - The board of directors of Medtronic plc (NYSE: MDT) today approved a 9 percent increase in its quarterly cash dividend, raising the quarterly amount to $0.50 per ordinary share. This would translate into an annual amount of $2.00 per ordinary share, or a dividend per share payout ratio of 42 percent of prior fiscal year non-GAAP... More