Medtronic plc (MDT) Dividend History
MDT latest dividend
$0.72last dividend per share
Ex-dividend dateSep 25Friday, 2026
Payment dateOct 16Friday, 2026
The next dividend has not been announced yet.
- 12 yearsof dividend increases
- 1982paying since
- Quarterly4 payments a year
- +4.4%5-year growth a year
- 3.04%forward yield
MDT dividend income calculator
- Dividend income a year
- $288
- Each payment
- $72
- Value of the shares
- $9,475
- Dividend yield
- 3.04%
At the latest close; forward annual dividend $2.88 per share, before tax.
MDT dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
MDT dividend safety
Payout ratio (earnings)50.0%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)67.1%
Stretched · of fiscal 2026 free cash flow
Dividend growth (5 years)+4.4%
Slow growth · a year on average
Years of increases12
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
MDT yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $95.78 | 3.01% | $2.86 | 3.0% |
| 3 years ago | $72.70 | 3.96% | $8.46 | 11.6% |
| 5 years ago | $120.72 | 2.39% | $13.82 | 11.4% |
| 10 years ago | $83.55 | 3.45% | $24.26 | 29.0% |
| 20 years ago | $48.10 | 5.99% | $34.18 | 71.1% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
MDT dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
MDT dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.83 | +1.4% | 2.95% | 4 |
| 2024 | $2.79 | +1.5% | 3.49% | 4 |
| 2023 | $2.75 | +3.0% | 3.34% | 4 |
| 2022 | $2.67 | +8.1% | 3.44% | 4 |
| 2021 | $2.47 | +8.3% | 2.39% | 4 |
| 2020 | $2.28 | +7.5% | 1.95% | 4 |
| 2019 | $2.12 | +8.2% | 1.87% | 4 |
| 2018 | $1.96 | +8.3% | 2.15% | 4 |
| 2017 | $1.81 | +8.4% | 2.24% | 4 |
| 2016 | $1.67 | +15.6% | 2.34% | 4 |
| 2015 | $1.45 | +20.9% | 1.88% | 4 |
| 2014 | $1.20 | +8.6% | 1.66% | 4 |
| 2013 | $1.10 | −13.1% | 1.92% | 4 |
| 2012 | $1.27 | — | 3.09% | 5 |
| 2011 | $0.94 | +8.8% | 2.45% | 4 |
| 2010 | $0.86 | — | 2.32% | 4 |
| 2009 | $0.60 | −26.5% | 1.36% | 3 |
| 2008 | $0.81 | — | 2.59% | 5 |
| 2007 | $0.47 | +14.1% | 0.93% | 4 |
| 2006 | $0.41 | — | 0.77% | 4 |
MDT dividend history
181 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-25 | 2026-10-16 | $0.72 | — | Quarterly |
| 2026-06-26 | 2026-07-17 | $0.72 | +1.4% | Quarterly |
| 2026-03-27 | 2026-04-17 | $0.71 | — | Quarterly |
| 2025-12-26 | 2026-01-16 | $0.71 | — | Quarterly |
| 2025-09-26 | 2025-10-17 | $0.71 | — | Quarterly |
| 2025-06-27 | 2025-07-11 | $0.71 | +1.4% | Quarterly |
| 2025-03-28 | 2025-04-11 | $0.7 | — | Quarterly |
| 2024-12-27 | 2025-01-10 | $0.7 | — | Quarterly |
| 2024-09-27 | 2024-10-11 | $0.7 | — | Quarterly |
| 2024-06-28 | 2024-07-12 | $0.7 | +1.4% | Quarterly |
| 2024-03-21 | 2024-04-12 | $0.69 | — | Quarterly |
| 2023-12-19 | 2024-01-12 | $0.69 | — | Quarterly |
| 2023-09-21 | 2023-10-13 | $0.69 | — | Quarterly |
| 2023-06-22 | 2023-07-14 | $0.69 | +1.5% | Quarterly |
| 2023-03-23 | 2023-04-14 | $0.68 | — | Quarterly |
| 2022-12-20 | 2023-01-13 | $0.68 | — | Quarterly |
Show all 181 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-22 | 2022-10-14 | $0.68 | — | Quarterly |
| 2022-06-23 | 2022-07-15 | $0.68 | +7.9% | Quarterly |
| 2022-03-24 | 2022-04-22 | $0.63 | — | Quarterly |
| 2021-12-21 | 2022-01-14 | $0.63 | — | Quarterly |
| 2021-09-23 | 2021-10-15 | $0.63 | — | Quarterly |
| 2021-06-24 | 2021-07-16 | $0.63 | +8.6% | Quarterly |
| 2021-03-25 | 2021-04-16 | $0.58 | — | Quarterly |
| 2020-12-21 | 2021-01-15 | $0.58 | — | Quarterly |
| 2020-09-24 | 2020-10-16 | $0.58 | — | Quarterly |
| 2020-06-25 | 2020-07-17 | $0.58 | +7.4% | Quarterly |
| 2020-03-26 | 2020-04-17 | $0.54 | — | Quarterly |
| 2019-12-26 | 2020-01-17 | $0.54 | — | Quarterly |
| 2019-09-26 | 2019-10-18 | $0.54 | — | Quarterly |
| 2019-07-05 | 2019-07-25 | $0.54 | +8.0% | Quarterly |
| 2019-03-21 | 2019-04-12 | $0.5 | — | Quarterly |
| 2018-12-27 | 2019-01-18 | $0.5 | — | Quarterly |
| 2018-09-27 | 2018-10-19 | $0.5 | — | Quarterly |
| 2018-07-05 | 2018-07-25 | $0.5 | +8.7% | Quarterly |
| 2018-03-22 | 2018-04-13 | $0.46 | — | Quarterly |
| 2017-12-28 | 2018-01-19 | $0.46 | — | Quarterly |
| 2017-09-28 | 2017-10-20 | $0.46 | — | Quarterly |
| 2017-07-05 | 2017-07-26 | $0.46 | +7.0% | Quarterly |
| 2017-03-22 | 2017-04-13 | $0.43 | — | Quarterly |
| 2016-12-21 | 2017-01-13 | $0.43 | — | Quarterly |
| 2016-09-27 | 2016-10-21 | $0.43 | — | Quarterly |
| 2016-07-06 | 2016-07-27 | $0.43 | +13.2% | Quarterly |
| 2016-03-22 | 2016-04-15 | $0.38 | — | Quarterly |
| 2015-12-22 | 2016-01-15 | $0.38 | — | Quarterly |
| 2015-09-23 | 2015-10-16 | $0.38 | — | Quarterly |
| 2015-06-25 | 2015-07-17 | $0.38 | +24.6% | Quarterly |
| 2015-03-26 | 2015-04-17 | $0.305 | — | Quarterly |
| 2014-12-30 | 2015-01-06 | $0.305 | — | Quarterly |
| 2014-10-01 | 2014-10-24 | $0.305 | — | Quarterly |
| 2014-07-01 | 2014-07-25 | $0.305 | +8.9% | Quarterly |
| 2014-04-02 | 2014-04-25 | $0.28 | — | Quarterly |
| 2013-12-31 | 2014-01-24 | $0.28 | — | Quarterly |
| 2013-10-02 | 2013-10-25 | $0.28 | — | Quarterly |
| 2013-07-02 | 2013-07-26 | $0.28 | +7.7% | Quarterly |
| 2013-04-03 | 2013-04-26 | $0.26 | — | Quarterly |
| 2012-12-13 | 2012-12-28 | $0.26 | — | Quarterly |
| 2012-10-03 | 2012-10-26 | $0.26 | — | Quarterly |
| 2012-07-03 | 2012-07-27 | $0.26 | +7.0% | Quarterly |
| 2012-04-03 | 2012-04-27 | $0.243 | — | Quarterly |
| 2012-01-04 | 2012-01-27 | $0.243 | — | Quarterly |
| 2011-10-05 | 2011-10-28 | $0.243 | — | Quarterly |
| 2011-07-06 | 2011-07-29 | $0.243 | +8.0% | Quarterly |
| 2011-04-06 | 2011-04-29 | $0.225 | — | Quarterly |
| 2011-01-05 | 2011-01-28 | $0.225 | — | Quarterly |
| 2010-10-06 | 2010-10-29 | $0.225 | — | Quarterly |
| 2010-07-07 | 2010-07-30 | $0.225 | +9.8% | Quarterly |
| 2010-04-07 | 2010-04-30 | $0.205 | — | Quarterly |
| 2010-01-06 | 2010-01-29 | $0.205 | — | Quarterly |
| 2009-10-07 | 2009-10-30 | $0.205 | — | Quarterly |
| 2009-07-08 | 2009-07-31 | $0.205 | +9.0% | Quarterly |
| 2009-04-01 | 2009-04-24 | $0.188 | — | Quarterly |
| 2008-12-30 | 2009-01-23 | $0.188 | — | Quarterly |
| 2008-10-01 | 2008-10-24 | $0.188 | — | Quarterly |
| 2008-07-01 | 2008-07-25 | $0.188 | +50.4% | Quarterly |
| 2008-04-02 | 2008-04-25 | $0.125 | — | Quarterly |
| 2008-01-02 | 2008-01-25 | $0.125 | — | Quarterly |
| 2007-10-03 | 2007-10-26 | $0.125 | — | Quarterly |
| 2007-07-03 | 2007-07-27 | $0.125 | +13.6% | Quarterly |
| 2007-04-03 | 2007-04-27 | $0.11 | — | Quarterly |
| 2007-01-03 | 2007-01-26 | $0.11 | — | Quarterly |
| 2006-10-04 | 2006-10-27 | $0.11 | — | Quarterly |
| 2006-07-05 | 2006-07-28 | $0.11 | +14.6% | Quarterly |
| 2006-04-05 | 2006-04-28 | $0.096 | — | Quarterly |
| 2006-01-04 | 2006-01-27 | $0.096 | — | Quarterly |
| 2005-10-05 | 2005-10-28 | $0.096 | — | Quarterly |
| 2005-06-29 | 2005-07-29 | $0.096 | +14.3% | Quarterly |
| 2005-03-30 | 2005-04-29 | $0.084 | −1.2% | Quarterly |
| 2005-01-05 | 2005-01-28 | $0.085 | — | Quarterly |
| 2004-09-29 | 2004-10-29 | $0.085 | — | Quarterly |
| 2004-06-30 | 2004-07-30 | $0.085 | +16.4% | Quarterly |
| 2004-03-31 | 2004-04-30 | $0.073 | — | Quarterly |
| 2003-12-30 | 2004-01-23 | $0.073 | — | Quarterly |
| 2003-10-01 | 2003-10-24 | $0.073 | — | Quarterly |
| 2003-07-01 | 2003-07-25 | $0.073 | +15.9% | Quarterly |
| 2003-04-02 | 2003-04-25 | $0.063 | +8.6% | Quarterly |
| 2002-12-31 | 2003-01-24 | $0.058 | −7.9% | Quarterly |
| 2002-10-02 | 2002-10-25 | $0.063 | — | Quarterly |
| 2002-07-02 | 2002-07-26 | $0.063 | +8.6% | Quarterly |
| 2002-04-03 | 2002-04-26 | $0.058 | — | Quarterly |
| 2002-01-02 | 2002-01-25 | $0.058 | — | Quarterly |
| 2001-10-03 | 2001-10-26 | $0.058 | — | Quarterly |
| 2001-07-03 | 2001-07-27 | $0.058 | +16.0% | Quarterly |
| 2001-04-04 | 2001-04-27 | $0.05 | — | Quarterly |
| 2001-01-03 | 2001-01-26 | $0.05 | +4,900.0% | Quarterly |
| 2000-12-19 | 2000-12-18 | $0.001 | −98.0% | |
| 2000-10-04 | 2000-10-27 | $0.05 | — | Quarterly |
| 2000-07-05 | 2000-07-28 | $0.05 | +25.0% | Quarterly |
| 2000-04-05 | 2000-04-28 | $0.04 | — | Quarterly |
| 2000-01-05 | 2000-01-28 | $0.04 | — | Quarterly |
| 1999-10-06 | 1999-10-29 | $0.04 | — | Quarterly |
| 1999-06-30 | 1999-07-30 | $0.04 | +23.1% | Quarterly |
| 1999-04-07 | 1999-04-30 | $0.0325 | — | Quarterly |
| 1999-01-06 | 1999-01-29 | $0.0325 | — | Quarterly |
| 1998-10-07 | 1998-10-30 | $0.0325 | — | Quarterly |
| 1998-06-30 | 1998-07-31 | $0.0325 | +18.2% | Quarterly |
| 1998-04-07 | 1998-04-30 | $0.0275 | — | Quarterly |
| 1998-01-07 | 1998-01-30 | $0.0275 | — | Quarterly |
| 1997-10-08 | 1997-10-31 | $0.0275 | — | Quarterly |
| 1997-07-01 | 1997-08-01 | $0.0275 | +15.8% | Quarterly |
| 1997-04-02 | 1997-04-30 | $0.0238 | — | Quarterly |
| 1997-01-08 | 1997-01-31 | $0.0238 | — | Quarterly |
| 1996-10-09 | 1996-11-01 | $0.0238 | — | Quarterly |
| 1996-07-02 | 1996-08-02 | $0.0238 | +46.2% | Quarterly |
| 1996-04-02 | 1996-04-30 | $0.0163 | — | Quarterly |
| 1996-01-03 | 1996-01-26 | $0.0163 | — | Quarterly |
| 1995-10-04 | 1995-10-27 | $0.0163 | — | Quarterly |
| 1995-07-05 | 1995-07-28 | $0.0163 | +27.5% | Quarterly |
| 1995-04-03 | 1995-04-30 | $0.0127 | — | Quarterly |
| 1994-12-30 | 1995-01-27 | $0.0127 | — | Quarterly |
| 1994-10-07 | 1994-10-28 | $0.0127 | −0.5% | Quarterly |
| 1994-07-01 | 1994-07-29 | $0.0128 | +20.5% | Quarterly |
| 1994-04-04 | 1994-04-30 | $0.0106 | — | Quarterly |
| 1994-01-03 | 1994-01-28 | $0.0106 | — | Quarterly |
| 1993-10-04 | 1993-10-29 | $0.0106 | — | Quarterly |
| 1993-07-02 | 1993-07-30 | $0.0106 | +21.5% | Quarterly |
| 1993-04-02 | 1993-04-30 | $0.0088 | — | Quarterly |
| 1993-01-04 | 1993-01-29 | $0.0088 | — | Quarterly |
| 1992-10-05 | 1992-10-30 | $0.0088 | — | Quarterly |
| 1992-07-09 | 1992-07-31 | $0.0088 | +16.7% | Quarterly |
| 1992-04-06 | 1992-04-30 | $0.0075 | — | Quarterly |
| 1992-01-06 | 1992-01-31 | $0.0075 | — | Quarterly |
| 1991-10-04 | 1991-10-31 | $0.0075 | −9.4% | Quarterly |
| 1991-07-03 | 1991-07-31 | $0.0083 | +29.2% | Quarterly |
| 1991-04-04 | 1991-04-30 | $0.0064 | — | Quarterly |
| 1991-01-04 | 1991-01-31 | $0.0064 | — | Quarterly |
| 1990-10-03 | 1990-10-31 | $0.0064 | — | Quarterly |
| 1990-07-03 | 1990-07-31 | $0.0064 | +17.2% | Quarterly |
| 1990-04-04 | 1990-04-30 | $0.0055 | — | Quarterly |
| 1990-01-04 | 1990-01-31 | $0.0055 | — | Quarterly |
| 1989-10-03 | 1989-10-31 | $0.0055 | — | Quarterly |
| 1989-07-03 | 1989-07-31 | $0.0055 | +16.6% | |
| 1989-04-04 | 1989-04-28 | $0.0047 | — | |
| 1989-01-04 | 1989-01-31 | $0.0047 | — | |
| 1988-10-03 | 1988-10-31 | $0.0047 | — | |
| 1988-07-05 | 1988-07-29 | $0.0047 | +15.5% | |
| 1988-04-05 | 1988-04-29 | $0.0041 | — | |
| 1987-12-31 | — | $0.0041 | −98.5% | |
| 1987-10-05 | 1987-10-30 | $0.2624 | +6,363.1% | |
| 1987-07-06 | 1987-07-31 | $0.0041 | +18.0% | |
| 1987-04-06 | 1987-04-30 | $0.0034 | — | |
| 1987-01-05 | 1987-01-30 | $0.0034 | — | |
| 1986-10-06 | — | $0.0034 | — | |
| 1986-07-03 | — | $0.0034 | +9.9% | |
| 1986-04-04 | — | $0.0031 | — | |
| 1986-01-06 | — | $0.0031 | — | |
| 1985-10-04 | — | $0.0031 | — | |
| 1985-07-03 | — | $0.0031 | +5.4% | |
| 1985-04-03 | — | $0.003 | — | |
| 1985-01-04 | — | $0.003 | — | |
| 1984-10-03 | — | $0.003 | — | |
| 1984-07-09 | — | $0.003 | +5.7% | |
| 1984-04-04 | — | $0.0028 | — | |
| 1984-01-04 | — | $0.0028 | — | |
| 1983-10-04 | — | $0.0028 | — | |
| 1983-07-01 | — | $0.0028 | +12.4% | |
| 1983-04-05 | — | $0.0025 | — | |
| 1983-01-04 | — | $0.0025 | — | |
| 1982-10-04 | — | $0.0025 | — | |
| 1982-07-02 | — | $0.0025 | +14.2% | |
| 1982-04-02 | — | $0.0022 | — | |
| 1982-01-04 | — | $0.0022 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
MDT stock split history
- 2:1September 27, 1999
- 2:1September 15, 1997
- 2:1September 29, 1995
- 2:1September 30, 1994
- 2:1August 30, 1991
- 2:1August 31, 1989
- 2:1August 1, 1980
MDT dividend overview
Medtronic pays an annual dividend of $2.88 per share, a yield of 3.04% at the latest close, paid quarterly. It paid $2.83 per share in 2025, up 1.4% from 2024. It has raised its dividend for 12 consecutive years. Over five years the dividend grew 4.4% a year on average and over ten years 7.0% a year. The payout ratio is 50.0% of trailing earnings.
Related: MDT cash flow statement, MDT key metrics, MDT chart. See the MDT stock overview for the latest quote and news.
MDT dividends FAQ
Does Medtronic pay a dividend?
Yes. Medtronic has paid a regular dividend since 1982, quarterly, most recently $0.72 per share with an ex-dividend date of September 25, 2026.
What is Medtronic's dividend yield?
Medtronic's forward annual dividend is $2.88 per share, a dividend yield of 3.04% at the latest close of $94.75.
How often does Medtronic pay dividends?
Medtronic pays dividends quarterly.
How fast is Medtronic's dividend growing?
Medtronic's dividend per share grew from $2.28 in 2020 to $2.83 in 2025, 4.4% a year on average over five years; it has increased for 12 years in a row.
What is Medtronic's dividend payout ratio?
Medtronic pays out 50.0% of its trailing earnings as dividends and 67.1% of its free cash flow (fiscal 2026).
Has Medtronic split its stock?
Medtronic has split its stock 7 times: 2:1 on September 27, 1999, 2:1 on September 15, 1997, 2:1 on September 29, 1995, 2:1 on September 30, 1994, 2:1 on August 30, 1991, 2:1 on August 31, 1989, 2:1 on August 1, 1980. Dividends per share on this page are adjusted for splits.