Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for April 03, 2013


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Medtronic, Inc. ( MDT ) will begin trading ex-dividend on April 03, 2013. A cash dividend payment of $0.26 per share is scheduled to be paid on April 26, 2013. Shareholders who purchased MDT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MDT has paid the same dividend.

The previous trading day's last sale of MDT was $46.8, representing a -1.28% decrease from the 52 week high of $47.41 and a 31.2% increase over the 52 week low of $35.67.

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 $3.37. Zacks Investment Research reports MDT's forecasted earnings growth in 2013 as 6.7%, compared to an industry average of 8.1%.

For more information on the declaration, record and payment dates, visit the MDT Dividend History page.

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

  • Select Sector SPDR Fund - Health Care ( XLV )
  • PowerShares Dynamic Heathcare ( PTH )
  • iShares Dow Jones U.S. Health Care Index Fund ( IYH )
  • iShares Dow Jones U.S. Medical Devices Index Fund ( IHI )
  • PowerShares Fundamental Pure Large Core Portfolio ( PXLC ).

The top-performing ETF of this group is IHI with an increase of 13.88% over the last 100 days. XLV has the highest percent weighting of MDT at 2.7%.

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

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