Is Medtronic plc a good dividend stock?

Medtronic plc (MDT) is a dividend-paying stock with a current dividend yield of 3.54%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is MDT's dividend yield?

The dividend yield for MDT stock is currently 3.54%.

How much does MDT pay in dividends per year?

Medtronic plc pays an annual dividend of $2.8500 per share over the trailing twelve months.

How often does MDT pay dividends?

MDT stock pays dividends quarterly.

Is MDT's dividend growing?

Medtronic plc's 3-year dividend CAGR is 1.44%.

MDT Stock Price, Chart, Stats & News

Medtronic plc

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Overview Dividend safety Dividends Fundamentals

Medtronic plc (MDT) is a dividend-paying stock with a current dividend yield of 3.54% as of Jul 15, 2026. It pays $2.85 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 3.76% 5-year compound annual rate.

103.01B

Market cap

14.55x

Current P/E

14.03x

Forward P/E

3.54%

Dividend yield

$2.85

MDT dividend

Dividend safety

Strong

Dividend coverage looks healthy — MDT pays out about 52% of earnings.

See the safety analysis

MDT chart

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Fundamentals

Gross margin	61.95%
Operating margin	17.86%
Pretax margin	15.68%
Net margin	13.00%
Effective tax rate	16.59%
ROA	5.04%
ROE	9.54%
D/E	0.57x
Interest coverage ratio	8.90x

All financials

MDT valuation

P/E	14.55x
P/S	3.15x
P/B	2.28x
P/CF	15.34x
P/FCF	20.68x
P/OCF	15.34x
PEG	-7.49x
EV multiple	9.08x

About

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.