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Medtronic announces cash dividend for second quarter of fiscal year 2025 The board of directors of Medtronic plc (NYSE:MDT) on Thursday, August 15, 2024, approved the company's cash dividend for the second quarter of...

Key Takeaway: Medtronic plc's board of directors approved a cash dividend of $0.70 per ordinary share for the second quarter of fiscal year 2025, consistent with a prior increase disclosed in May 2024. This dividend will be payable on October 11, 2024, to shareholders of record before September 27, 2024. Medtronic is recognized as a Dividend Aristocrat, having increased its dividend payments for 47 consecutive years.

Market Sentiment Analysis

POSITIVE FACTORS

  • Medtronic maintains a consistent dividend payment of $0.70 per share.
  • The company has increased its annual dividend for 47 consecutive years.
  • Medtronic is included in the S&P 500 Dividend Aristocrats index.

Full Press Release Details

GALWAY , Ireland , Aug. 16, 2024 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE: MDT ) on Thursday, August 15, 2024 , approved the company's cash dividend for the second quarter of fiscal year 2025 of $0.70 per ordinary share. This quarterly declaration is consistent with the dividend increase announcement made by the company in May 2024 . Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 47 consecutive years. The dividend is payable on October 11, 2024 , to shareholders of record at the close of business on September 27, 2024 .
About Medtronic Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway , Ireland , is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit www.Medtronic.com and follow Medtronic on LinkedIn .
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
Contacts:
Erika Winkels Ryan Weispfenning
Public Relations Investor Relations
+1-763-526-8478 +1-763-505-4626
SOURCE Medtronic plc

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Frequently Asked Questions

What is Medtronic's recent cash dividend amount?

Medtronic's board approved a cash dividend of $0.70 per ordinary share.

When is the dividend payable to shareholders?

The dividend will be payable on October 11, 2024.

How long has Medtronic increased its dividend payments?

Medtronic has raised its annual dividend for 47 consecutive years.

Which index includes Medtronic as a constituent?

Medtronic is part of the S&P 500 Dividend Aristocrats index.

Where is Medtronic plc headquartered?

Medtronic plc is headquartered in Galway, Ireland.

Last updated: Aug 16, 2024