Does MDT pay a dividend?

Yes. Medtronic plc pays a quarterly dividend, currently yielding 3.23% based on trailing twelve-month payments of $2.86 per share.

How much does MDT pay in dividends?

$2.86 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next MDT ex-dividend date?

No upcoming ex-dividend date is currently on record for MDT. Dates appear here once the company declares them.

MDT Dividend

Medtronic plc

NYSEHealthcareStockData as of September 25, 2026

Dividend yield: 3.23%
Annual dividend: $2.86
Payout ratio: 0.70
Frequency: Quarterly
Share price: $88.64
Market cap: $113B

Is MDT a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.23% against a median of 2.92% across US dividend payers.
Dividend uses most of earningsA payout ratio of 0.70 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
Dividend has been cut 5 timesAcross 44 complete years, the annual total fell in 2004, 2009, 2013 and earlier. The most recent reduction was in 2013.
Raised for 12 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

MDT dividend history

Annual dividend per share, 1982 to 2025.

Peak $2.84 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for MDT, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 25, 2026	October 16, 2026	$0.7200	Quarterly
June 26, 2026	July 17, 2026	$0.7200	Quarterly
March 27, 2026	April 17, 2026	$0.7100	Quarterly
December 26, 2025	January 16, 2026	$0.7100	Quarterly
September 26, 2025	October 17, 2025	$0.7100	Quarterly
June 27, 2025	July 11, 2025	$0.7100	Quarterly
March 28, 2025	April 11, 2025	$0.7000	Quarterly
December 27, 2024	January 10, 2025	$0.7000	Quarterly
September 27, 2024	October 11, 2024	$0.7000	Quarterly
June 28, 2024	July 12, 2024	$0.7000	Quarterly
March 21, 2024	April 12, 2024	$0.6900	Quarterly
December 19, 2023	January 12, 2024	$0.6900	Quarterly
September 21, 2023	October 13, 2023	$0.6900	Quarterly
June 22, 2023	July 14, 2023	$0.6900	Quarterly
March 23, 2023	April 14, 2023	$0.6800	Quarterly
December 20, 2022	January 13, 2023	$0.6800	Quarterly
September 22, 2022	October 14, 2022	$0.6800	Quarterly
June 23, 2022	July 15, 2022	$0.6800	Quarterly
March 24, 2022	April 22, 2022	$0.6300	Quarterly
December 21, 2021	January 14, 2022	$0.6300	Quarterly
September 23, 2021	October 15, 2021	$0.6300	Quarterly
June 24, 2021	July 16, 2021	$0.6300	Quarterly
March 25, 2021	April 16, 2021	$0.5800	Quarterly
December 21, 2020	January 15, 2021	$0.5800	Quarterly
September 24, 2020	October 16, 2020	$0.5800	Quarterly
June 25, 2020	July 17, 2020	$0.5800	Quarterly
March 26, 2020	April 17, 2020	$0.5400	Quarterly
December 26, 2019	January 17, 2020	$0.5400	Quarterly
September 26, 2019	October 18, 2019	$0.5400	Quarterly
July 5, 2019	July 25, 2019	$0.5400	Quarterly
March 21, 2019	April 12, 2019	$0.5000	Quarterly
December 27, 2018	January 18, 2019	$0.5000	Quarterly
September 27, 2018	October 19, 2018	$0.5000	Quarterly
July 5, 2018	July 25, 2018	$0.5000	Quarterly
March 22, 2018	April 13, 2018	$0.4600	Quarterly
December 28, 2017	January 19, 2018	$0.4600	Quarterly
September 28, 2017	October 20, 2017	$0.4600	Quarterly
July 5, 2017	July 26, 2017	$0.4600	Quarterly
March 22, 2017	April 13, 2017	$0.4300	Quarterly
December 21, 2016	January 13, 2017	$0.4300	Quarterly

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Frequently asked questions

Does MDT pay a dividend?: Yes. Medtronic plc pays a quarterly dividend, currently yielding 3.23% based on trailing twelve-month payments of $2.86 per share.
How much does MDT pay in dividends?: $2.86 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MDT ex-dividend date?: No upcoming ex-dividend date is currently on record for MDT. Dates appear here once the company declares them.