Medtronic PLC (MDT) Dividend
Dividend Aristocrat — 43 consecutive years of dividend increases.
Medtronic PLC (MDT) currently pays a dividend yield of 3.33%, distributing $2.88 per share annually ($0.72 per quarter). The company operates in the Healthcare sector.
MDT has raised its dividend for 43 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
MDT dividend at a glance
| Dividend Yield | 3.33% |
|---|---|
| Annual Dividend | $2.88 per share |
| Per Payment | $0.72 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 25, 2026 |
| Next Payment Date | October 16, 2026 |
| Payout Ratio | 76% |
| Consecutive Years of Dividend Growth | 43 |
| Sector | Healthcare |
| Implied Share Price (from yield) | $86.49 |
What MDT pays on a $10,000 investment
At a 3.33% yield, $10,000 invested in MDT generates about $333.00 per year, or roughly $83.25 every quarter. Share counts below use an implied price of $86.49, derived from the $2.88 annual dividend and the 3.33% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 11.6 | $33.30 | $8.33 |
| $5,000 | 57.8 | $166.50 | $41.63 |
| $10,000 | 115.6 | $333.00 | $83.25 |
| $25,000 | 289.1 | $832.50 | $208.13 |
| $100,000 | 1,156.3 | $3,330.00 | $832.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MDT dividend payment schedule
MDT pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 25, 2026, with payment on October 16, 2026. Later rows are projected forward at the same interval and will shift when Medtronic PLC declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 25, 2026 | October 16, 2026 | $0.72 | Confirmed |
| March 25, 2027 | January 14, 2027 | $0.72 | Projected |
| June 25, 2027 | April 16, 2027 | $0.72 | Projected |
| September 25, 2027 | July 17, 2027 | $0.72 | Projected |
To collect a MDT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MDT's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. MDT's 3.33% is 0.90 percentage points below that median, ranking 409th of 714 by yield.
Within Healthcare, where we track 23 names, the median yield is 2.33% — putting MDT above its sector.
Its 43-year run of dividend increases ranks 27th out of the 363 names in our data with an active growth streak.
What the numbers mean
MDT pays out roughly 76% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, MDT distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MDT dividend FAQ
When is the next MDT ex-dividend date?
The next MDT ex-dividend date is December 25, 2026, with the payment scheduled for October 16, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MDT's dividend yield?
MDT currently yields 3.33%, based on $2.88 in dividends per share over the past year.
How often does MDT pay dividends?
MDT pays quarterly, which works out to 4 payments per year of about $0.72 per share.
How much dividend income would $10,000 of MDT generate?
At the current 3.33% yield, $10,000 invested in MDT would produce roughly $333.00 per year, or about $83.25 per quarter, before taxes and assuming the dividend holds.
Has MDT increased its dividend?
Yes — MDT has raised its dividend for 43 consecutive years. That makes it a Dividend Aristocrat.
MDT dividend history
DivTrkr holds 179 recorded MDT dividend payments going back to 1982, with 43 consecutive complete years of increases and +4.1% a year of growth over the last five complete years. See the full MDT dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Healthcare dividend payers
- PFFA — Virtus InfraCap U.S. Preferred Stock ETF dividend (10.48%)
- PFE — Pfizer Inc dividend (6.12%)
- BMY — Bristol-Myers Squibb dividend (4.10%)
- CVS — CVS Health Corporation dividend (3.12%)
- ABBV — AbbVie Inc. dividend (2.66%)
- ABT — Abbott Laboratories dividend (2.61%)
- UNH — UnitedHealth Group dividend (2.54%)
- AMGN — Amgen Inc dividend (2.48%)
Similar yields to MDT
- FITB — Fifth Third Bancorp dividend (3.33%)
- PLD — Prologis dividend (3.34%)
- LNT — Alliant Energy Corporation dividend (3.36%)
- XEL — Xcel Energy dividend (3.36%)
- HD — Home Depot dividend (3.30%)
- MUB — iShares National Muni Bond ETF dividend (3.30%)
Track MDT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.