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MDT Medtronic plc — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Healthcare / Medical - Devices

$90.96 ▼ $-0.66(-0.72%) as of Sep 14, 2026 03:06 UTC
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Medtronic plc is a leading global medical technology enterprise that invents, develops, manufactures, and distributes an extensive range of device-based medical therapies. These solutions serve healthcare systems, clinicians, physicians, and patients across the world. The company's operations are categorized into several key portfolios: Cardiovascular Portfolio: This segment focuses on cardiac health, providing technologies for heart rhythm management, including implantable pacemakers, defibrillators, and monitoring systems, alongside cardiac ablation tools and remote patient software. It also addresses structural heart issues with products like aortic and pulmonary valves, surgical repair devices, and endovascular stent grafts, in addition to offerings for percutaneous coronary interventions (e.g., angioplasty balloons). Medical Surgical Portfolio: Offering a broad spectrum of surgical instruments and therapies, this division includes staples, vessel sealing devices, wound closure products, and electrosurgical equipment. It also pioneers surgical artificial intelligence and robotic-assisted platforms, alongside solutions for hernia repair, gynecology, lung conditions, minimally invasive gastrointestinal and hepatologic diagnostics, patient monitoring, airway management, ventilation therapies, and renal disease. Neuroscience Portfolio: This division delivers specialized products for a diverse group of medical professionals, such as spinal surgeons, neurosurgeons, neurologists, pain management specialists, and ENT experts. Its offerings span energy surgical instruments, advanced image-guided and intra-operative imaging systems, robotic guidance for spine procedures, and therapies targeting the brain's vasculature. Diabetes Operating Unit: Dedicated to diabetes management, this unit provides innovative solutions like insulin pumps and their associated consumables, continuous glucose monitoring (CGM) systems, and smart insulin pen technologies. Established in 1949, Medtronic plc maintains its corporate headquarters in Dublin, Ireland.

Dividend Snapshot

StatusGrowing
Last Dividend$0.7200Paid Jul 17, 2026
Forward Annual$2.88
FrequencyQuarterly
Last Ex-DateJun 26, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateSep 25, 2026$0.7200, declared Aug 20, 2026The ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateOct 16, 2026
1-Yr Growth1.4%Annual totals, 2024–2025
10-Yr Growth7.0%Annual totals, 2015–2025

Key Metrics

Current Yield

3.17%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$2.8800

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

65.1

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

52

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$73.75 – $105.35

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

69.79%

12 months to Jul 31, 2026 (Q1 FY2027)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

44

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

2.32

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 65/100, yield 3.17%.
A Accelerating
12 consecutive years of dividend increases.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
44 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume5,408,612Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$93.00Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$90.26 – $93.00Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$91.62Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$116.43BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out1.28BImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$4.0912 months to Jul 31, 2026 (Q1 FY2027)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)22.2Price as of Sep 14, 2026; earnings to Jul 31, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateJun 26, 2026Paid Jul 17, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateSep 25, 2026Pays Oct 16, 2026; declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)2.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)4.4%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases12 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

MDT's dividend yield fell from 3.49% to 3.17% over the past ~90 days (-0.33 pp). Of that move, +0.04 pp came from changes in the dividend rate and -0.37 pp from the share price ($81.32 on Jun 16, 2026 → $90.96 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.17%
1-Yr Average3.17%
Low / High2.70% – 3.85%
Percentile53%

Across 334 daily observations over the past 16 months (through Sep 11, 2026), MDT's current yield is higher than approximately 53% of them. Our stored price history for MDT covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.7200 Q Regular upcoming, declared Aug 20, 2026 Sep 25, 2026 Sep 25, 2026 Oct 16, 2026
$0.7200 Q Regular Jun 03, 2026 Jun 26, 2026 Jun 26, 2026 Jul 17, 2026
$0.7100 Q Regular Mar 05, 2026 Mar 27, 2026 Mar 27, 2026 Apr 17, 2026
$0.7100 Q Regular Dec 04, 2025 Dec 26, 2025 Dec 26, 2025 Jan 16, 2026
$0.7100 Q Regular Aug 14, 2025 Sep 26, 2025 Sep 26, 2025 Oct 17, 2025
$0.7100 Q Regular May 20, 2025 Jun 27, 2025 Jun 27, 2025 Jul 11, 2025
$0.7000 Q Regular Mar 06, 2025 Mar 28, 2025 Mar 28, 2025 Apr 11, 2025
$0.7000 Q Regular Dec 05, 2024 Dec 27, 2024 Dec 27, 2024 Jan 10, 2025
$0.7000 Q Regular Aug 15, 2024 Sep 27, 2024 Sep 27, 2024 Oct 11, 2024
$0.7000 Q Regular May 22, 2024 Jun 28, 2024 Jun 28, 2024 Jul 12, 2024
$0.6900 Q Regular Mar 07, 2024 Mar 21, 2024 Mar 22, 2024 Apr 12, 2024
$0.6900 Q Regular Dec 07, 2023 Dec 19, 2023 Dec 20, 2023 Jan 12, 2024
$0.6900 Q Regular Aug 17, 2023 Sep 21, 2023 Sep 22, 2023 Oct 13, 2023
$0.6900 Q Regular May 24, 2023 Jun 22, 2023 Jun 23, 2023 Jul 14, 2023
$0.6800 Q Regular Mar 02, 2023 Mar 23, 2023 Mar 24, 2023 Apr 14, 2023
$0.6800 Q Regular Dec 08, 2022 Dec 20, 2022 Dec 21, 2022 Jan 13, 2023
$0.6800 Q Regular Aug 18, 2022 Sep 22, 2022 Sep 23, 2022 Oct 14, 2022
$0.6800 Q Regular May 25, 2022 Jun 23, 2022 Jun 24, 2022 Jul 15, 2022
$0.6300 Q Regular Mar 03, 2022 Mar 24, 2022 Mar 25, 2022 Apr 22, 2022
$0.6300 Q Regular Dec 09, 2021 Dec 21, 2021 Dec 22, 2021 Jan 14, 2022
$0.6300 Q Regular Aug 20, 2021 Sep 23, 2021 Sep 24, 2021 Oct 15, 2021
$0.6300 Q Regular May 27, 2021 Jun 24, 2021 Jun 25, 2021 Jul 16, 2021
$0.5800 Q Regular Mar 08, 2021 Mar 25, 2021 Mar 26, 2021 Apr 16, 2021
$0.5800 Q Regular Dec 11, 2020 Dec 21, 2020 Dec 22, 2020 Jan 15, 2021
$0.5800 Q Regular Aug 21, 2020 Sep 24, 2020 Sep 25, 2020 Oct 16, 2020
$0.5800 Q Regular May 20, 2020 Jun 25, 2020 Jun 26, 2020 Jul 17, 2020
$0.5400 Q Regular Mar 06, 2020 Mar 26, 2020 Mar 27, 2020 Apr 17, 2020
$0.5400 Q Regular Dec 06, 2019 Dec 26, 2019 Dec 27, 2019 Jan 17, 2020
$0.5400 Q Regular Aug 23, 2019 Sep 26, 2019 Sep 27, 2019 Oct 18, 2019
$0.5400 Q Regular Jun 21, 2019 Jul 05, 2019 Jul 08, 2019 Jul 25, 2019
$0.5000 Q Regular Mar 08, 2019 Mar 21, 2019 Mar 22, 2019 Apr 12, 2019
$0.5000 Q Regular Dec 10, 2018 Dec 27, 2018 Dec 28, 2018 Jan 18, 2019
$0.5000 Q Regular Aug 24, 2018 Sep 27, 2018 Sep 28, 2018 Oct 19, 2018
$0.5000 Q Regular Jun 25, 2018 Jul 05, 2018 Jul 06, 2018 Jul 25, 2018
$0.4600 Q Regular Mar 12, 2018 Mar 22, 2018 Mar 23, 2018 Apr 13, 2018
$0.4600 Q Regular Dec 08, 2017 Dec 28, 2017 Dec 29, 2017 Jan 19, 2018
$0.4600 Q Regular Aug 28, 2017 Sep 28, 2017 Sep 29, 2017 Oct 20, 2017
$0.4600 Q Regular Jun 27, 2017 Jul 05, 2017 Jul 07, 2017 Jul 26, 2017
$0.4300 Q Regular Mar 13, 2017 Mar 22, 2017 Mar 24, 2017 Apr 13, 2017
$0.4300 Q Regular Dec 12, 2016 Dec 21, 2016 Dec 23, 2016 Jan 13, 2017
$0.4300 Q Regular Sep 27, 2016 Sep 27, 2016 Sep 29, 2016 Oct 21, 2016
$0.4300 Q Regular Jun 27, 2016 Jul 06, 2016 Jul 08, 2016 Jul 27, 2016
$0.3800 Q Regular Feb 19, 2016 Mar 22, 2016 Mar 24, 2016 Apr 15, 2016
$0.3800 Q Regular Dec 22, 2015 Dec 22, 2015 Dec 24, 2015 Jan 15, 2016
$0.3800 Q Regular Aug 24, 2015 Sep 23, 2015 Sep 25, 2015 Oct 16, 2015
$0.3800 Q Regular Jun 19, 2015 Jun 25, 2015 Jun 29, 2015 Jul 17, 2015
$0.3050 Q Regular Feb 20, 2015 Mar 26, 2015 Mar 30, 2015 Apr 17, 2015
$0.3050 Q Regular Dec 04, 2014 Dec 30, 2014 Jan 02, 2015 Jan 06, 2015
$0.3050 Q Regular Aug 21, 2014 Oct 01, 2014 Oct 03, 2014 Oct 24, 2014
$0.3050 Q Regular Jun 16, 2014 Jul 01, 2014 Jul 03, 2014 Jul 25, 2014
$0.2800 Q Regular Feb 13, 2014 Apr 02, 2014 Apr 04, 2014 Apr 25, 2014
$0.2800 Q Regular Dec 05, 2013 Dec 31, 2013 Jan 03, 2014 Jan 24, 2014
$0.2800 Q Regular Aug 22, 2013 Oct 02, 2013 Oct 04, 2013 Oct 25, 2013
$0.2800 Q Regular Jun 20, 2013 Jul 02, 2013 Jul 05, 2013 Jul 26, 2013
$0.2600 Q Regular Feb 14, 2013 Apr 03, 2013 Apr 05, 2013 Apr 26, 2013
$0.2600 Q Regular Dec 06, 2012 Dec 13, 2012 Dec 17, 2012 Dec 28, 2012
$0.2600 Q Regular Aug 27, 2012 Oct 03, 2012 Oct 05, 2012 Oct 26, 2012
$0.2600 Q Regular Jun 25, 2012 Jul 03, 2012 Jul 06, 2012 Jul 27, 2012
$0.2425 Q Regular Mar 08, 2012 Apr 03, 2012 Apr 05, 2012 Apr 27, 2012
$0.2425 Q Regular Dec 09, 2011 Jan 04, 2012 Jan 06, 2012 Jan 27, 2012
$0.2425 Q Regular Aug 26, 2011 Oct 05, 2011 Oct 07, 2011 Oct 28, 2011
$0.2425 Q Regular Jun 24, 2011 Jul 06, 2011 Jul 08, 2011 Jul 29, 2011
$0.2250 Q Regular Feb 18, 2011 Apr 06, 2011 Apr 08, 2011 Apr 29, 2011
$0.2250 Q Regular Dec 10, 2010 Jan 05, 2011 Jan 07, 2011 Jan 28, 2011
$0.2250 Q Regular Aug 26, 2010 Oct 06, 2010 Oct 08, 2010 Oct 29, 2010
$0.2250 Q Regular Jun 25, 2010 Jul 07, 2010 Jul 09, 2010 Jul 30, 2010
$0.2050 Q Regular Feb 19, 2010 Apr 07, 2010 Apr 09, 2010 Apr 30, 2010
$0.2050 Q Regular Dec 04, 2009 Jan 06, 2010 Jan 08, 2010 Jan 29, 2010
$0.2050 Q Regular Aug 28, 2009 Oct 07, 2009 Oct 09, 2009 Oct 30, 2009
$0.2050 Q Regular Jun 19, 2009 Jul 08, 2009 Jul 10, 2009 Jul 31, 2009
$0.1880 Q Regular Feb 19, 2009 Apr 01, 2009 Apr 03, 2009 Apr 24, 2009
$0.1875 Q Regular Oct 17, 2008 Dec 30, 2008 Jan 02, 2009 Jan 23, 2009
$0.1880 Q Regular Aug 21, 2008 Oct 01, 2008 Oct 03, 2008 Oct 24, 2008
$0.1880 Q Regular Jun 26, 2008 Jul 01, 2008 Jul 03, 2008 Jul 25, 2008
$0.1250 Q Regular Feb 21, 2008 Apr 02, 2008 Apr 04, 2008 Apr 25, 2008
$0.1250 Q Regular Oct 19, 2007 Jan 02, 2008 Jan 04, 2008 Jan 25, 2008
$0.1250 Q Regular Aug 23, 2007 Oct 03, 2007 Oct 05, 2007 Oct 26, 2007
$0.1250 Q Regular Jun 22, 2007 Jul 03, 2007 Jul 06, 2007 Jul 27, 2007
$0.1100 Q Regular Jan 18, 2007 Apr 03, 2007 Apr 06, 2007 Apr 27, 2007
$0.1100 Q Regular Oct 20, 2006 Jan 03, 2007 Jan 05, 2007 Jan 26, 2007
$0.1100 Q Regular Aug 24, 2006 Oct 04, 2006 Oct 06, 2006 Oct 27, 2006
$0.1100 Q Regular Jun 22, 2006 Jul 05, 2006 Jul 07, 2006 Jul 28, 2006
$0.0963 Q Regular Jan 19, 2006 Apr 05, 2006 Apr 07, 2006 Apr 28, 2006
$0.0963 Q Regular Oct 20, 2005 Jan 04, 2006 Jan 06, 2006 Jan 27, 2006
$0.0963 Q Regular Aug 25, 2005 Oct 05, 2005 Oct 07, 2005 Oct 28, 2005
$0.0963 Q Regular Jun 23, 2005 Jun 29, 2005 Jul 01, 2005 Jul 29, 2005
$0.0838 Q Regular Jan 20, 2005 Mar 30, 2005 Apr 01, 2005 Apr 29, 2005
$0.0838 Q Regular Oct 21, 2004 Jan 05, 2005 Jan 07, 2005 Jan 28, 2005
$0.0838 Q Regular Aug 26, 2004 Sep 29, 2004 Oct 01, 2004 Oct 29, 2004
$0.0838 Q Regular Jun 24, 2004 Jun 30, 2004 Jul 02, 2004 Jul 30, 2004
$0.0725 Q Regular Feb 27, 2004 Mar 31, 2004 Apr 02, 2004 Apr 30, 2004
$0.0725 Q Regular Oct 23, 2003 Dec 30, 2003 Jan 02, 2004 Jan 23, 2004
$0.0730 Q Regular Aug 28, 2003 Oct 01, 2003 Oct 03, 2003 Oct 24, 2003
$0.0730 Q Regular Jun 26, 2003 Jul 01, 2003 Jul 03, 2003 Jul 25, 2003
$0.0625 Q Regular Jan 23, 2003 Apr 02, 2003 Apr 04, 2003 Apr 25, 2003
$0.0625 Q Regular Oct 24, 2002 Dec 31, 2002 Jan 03, 2003 Jan 24, 2003
$0.0625 Q Regular Aug 29, 2002 Oct 02, 2002 Oct 04, 2002 Oct 25, 2002
$0.0625 Q Regular Jun 27, 2002 Jul 02, 2002 Jul 05, 2002 Jul 26, 2002
$0.0575 Q Regular Mar 08, 2002 Apr 03, 2002 Apr 05, 2002 Apr 26, 2002
$0.0575 Q Regular Oct 25, 2001 Jan 02, 2002 Jan 04, 2002 Jan 25, 2002
$0.0575 Q Regular Aug 30, 2001 Oct 03, 2001 Oct 05, 2001 Oct 26, 2001
$0.0575 Q Regular Jun 28, 2001 Jul 03, 2001 Jul 06, 2001 Jul 27, 2001
$0.0500 Q Regular Mar 08, 2001 Apr 04, 2001 Apr 06, 2001 Apr 27, 2001
$0.0500 M Regular Oct 26, 2000 Jan 03, 2001 Jan 05, 2001 Jan 26, 2001
$0.0003 Q Regular Dec 15, 2000 Dec 19, 2000 Dec 01, 2000 -
$0.0500 Q Regular Aug 24, 2000 Oct 04, 2000 Oct 06, 2000 Oct 27, 2000
$0.0500 Q Regular Jun 29, 2000 Jul 05, 2000 Jul 07, 2000 Jul 28, 2000
$0.0400 Q Regular Mar 06, 2000 Apr 05, 2000 Apr 07, 2000 Apr 28, 2000
$0.0400 Q Regular Oct 28, 1999 Jan 05, 2000 Jan 07, 2000 Jan 28, 2000
$0.0400 Q Regular Aug 25, 1999 Oct 06, 1999 Oct 08, 1999 Oct 29, 1999
$0.0800 Q Regular Jun 24, 1999 Jun 30, 1999 Jul 02, 1999 Jul 30, 1999
$0.0650 Q Regular Mar 04, 1999 Apr 07, 1999 Apr 09, 1999 Apr 30, 1999
$0.0650 Q Regular Oct 29, 1998 Jan 06, 1999 Jan 08, 1999 Jan 29, 1999
$0.0650 Q Regular Aug 26, 1998 Oct 07, 1998 Oct 09, 1998 Oct 30, 1998
$0.0650 Q Regular Jun 25, 1998 Jun 30, 1998 Jul 02, 1998 Jul 31, 1998
$0.0550 Q Regular Mar 05, 1998 Apr 07, 1998 Apr 10, 1998 Apr 30, 1998
$0.0550 Q Regular Oct 30, 1997 Jan 07, 1998 Jan 09, 1998 Jan 30, 1998
$0.0550 Q Regular Aug 27, 1997 Oct 08, 1997 Oct 10, 1997 Oct 31, 1997
$0.1100 Q Regular Jun 26, 1997 Jul 01, 1997 Jul 03, 1997 Aug 01, 1997
$0.0950 Q Regular Mar 10, 1997 Apr 02, 1997 Apr 04, 1997 Apr 30, 1997

Peer Comparison

Selected Medical - Devices dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
NHNKF Nihon Kohden Corporation 2.29% 9.0% 1 yr 63
SNN Smith & Nephew plc 2.27% 0.3% 1 yr 58
SNNUF Smith & Nephew plc 2.01% 0.4% 1 yr 56
SYK Stryker Corporation 1.28% 7.6% 16 yrs 54

MDT dividend — frequently asked questions

Does Medtronic plc pay a dividend?

Yes. Medtronic plc (MDT) currently pays a dividend. The annualized dividend is about $2.88 per share, a yield of approximately 3.17%.

What is Medtronic plc's dividend yield?

Medtronic plc's dividend yield is approximately 3.17%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Medtronic plc pay dividends?

Medtronic plc pays dividends quarterly — 4 times per year.

When is Medtronic plc's next ex-dividend date?

The next declared ex-dividend date for Medtronic plc is September 25, 2026. The associated payment is $0.7200 per share; you must own the shares before the ex-dividend date to receive it.

How long has Medtronic plc paid dividends?

Medtronic plc has 44 years of dividend payments on record, and has increased its dividend for 12 consecutive years.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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