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MDT Positive Sentiment Score: 80/100

Medtronic announces cash dividend for third quarter of fiscal year 2025 The board of directors of Medtronic plc (NYSE: MDT) on Thursday, December 5, 2024, approved the company's cash dividend for the third quarter of...

Key Takeaway: Medtronic plc has declared a cash dividend of $0.70 per share for the third quarter of fiscal year 2025. This decision follows the company's previous announcement of a dividend increase in May 2024. The dividend, consistent with Medtronic's commitment to shareholder returns, will be payable on January 10, 2025, to shareholders of record by December 27, 2024. Medtronic has a strong track record of increasing its annual dividend for 47 consecutive years, highlighting its financial stability and commitment to returning value to investors.

Market Sentiment Analysis

POSITIVE FACTORS

  • Medtronic continues its long history of dividend increases.
  • The quarterly dividend supports investor confidence.
  • The company is recognized as part of the S&P 500 Dividend Aristocrats.

Full Press Release Details

GALWAY , Ireland , Dec. 5, 2024 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE: MDT ) on Thursday, December 5, 2024, approved the company's cash dividend for the third 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 January 10, 2025 , to shareholders of record at the close of business on December 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

21 %

Frequently Asked Questions

What is the amount of Medtronic's Q3 2025 cash dividend?

$0.70 per ordinary share.

When will Medtronic's Q3 2025 dividend be paid?

It will be paid on January 10, 2025.

How long has Medtronic increased its annual dividend?

For 47 consecutive years.

What is Medtronic's mission?

To alleviate pain, restore health, and extend life.

How many health conditions does Medtronic's technology address?

70 health conditions.

Last updated: Dec 5, 2024