Page title
Section title
- Dividend Yield
- 3.11%
- Payout Ratio
- 53.05%
- Dividend Amount Per Share
- $2.77
- Last Ex-Dividend Date
- Sep 27, 2024
MDT Dividend Safety
MDT paid out 53.05% of its $4B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
MDT's Dividend Payout Ratio of 53.05% is considered safe for the Healthcare sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
MDT's Interest Coverage Ratio of 7.752 indicates strong financial health with easy coverage of interest expenses.
Income Quality
MDT shows excellent income quality with a ratio of 1.846. This indicates high-quality earnings and low risk of dividend cuts.
MDT Dividend Growth
Medtronic plc(MDT) offers a dividend yield of 3.11% and pays $2.77 in dividends per share. Explore the historical dividend growth of MDT.
Dividend Stability
MDT has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
MDT's dividend payments have shown moderate growth, growing by 5.327% annually over the last 5 years.
Earnings Growth
MDT's earnings have shown very poor growth, shrinking by -5.152% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
MDT Dividend Yield Attractiveness
Medtronic plc(MDT) provides a dividend yield of 3.11%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.21%
1.41%
3.11%
4.07%
Dividend Yield
MDT's dividend yield of 3.11% is considered good compared to the sector average of 4.065%, providing a strong safety margin for investors.
MDT Cash Flow
Over the past 12 months, MDT generated $33B in revenue, produced $5B in free cash flow, and distributed $4B in dividends.
Free Cash Flow Growth
MDT's free cash flow has decreased by -2.889% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
MDT Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Medtronic plc. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.