Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for July 01, 2014

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Medtronic, Inc. ( MDT ) will begin trading ex-dividend on July 01, 2014. A cash dividend payment of $0.305 per share is scheduled to be paid on July 25, 2014. Shareholders who purchased MDT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.93% increase over the prior quarter. At the current stock price of $64.12, the dividend yield is 1.9%.

The previous trading day's last sale of MDT was $64.12, representing a -2.11% decrease from the 52 week high of $65.50 and a 25.19% increase over the 52 week low of $51.22.

MDT is a part of the Health Care sector, which includes companies such as St. Jude Medical, Inc. ( STJ ) and Varian Medical Systems, Inc. ( VAR ). MDT's current earnings per share, an indicator of a company's profitability, is $3.01. Zacks Investment Research reports MDT's forecasted earnings growth in 2015 as 5.84%, compared to an industry average of 13.3%.

For more information on the declaration, record and payment dates, visit the MDT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to MDT through an Exchange Traded Fund [ETF]?
The following ETF(s) have MDT as a top-10 holding:

  • iShares U.S. Medical Devices ETF ( IHI )
  • iSharesBond Mar 2020 Corporate ex-Financials Term ETF ( IBCD )
  • Guggenheim S&P 500 Equal Weight Healthcare ETF ( RYH )
  • SPDR S&P Health Care Equipment ( XHE ).

The top-performing ETF of this group is IHI with an increase of 12.04% over the last 100 days. It also has the highest percent weighting of MDT at 9.82%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: MDT , STJ , VAR , IHI , IBCD , RYH , XHE

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