Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for December 13, 2012

By NASDAQ.com News December 11, 2012, 09:00:05 AM EDT

Medtronic, Inc. ( MDT ) has announced an ex-dividend date of December 13, 2012 and a cash dividend payment of $0.26 per share scheduled for December 28, 2012. Shareholders who purchased MDT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MDT has paid the same dividend. At the current stock price of $42.6, the dividend yield is 2.44%.

The previous trading day's last sale of MDT was $42.6, representing a -4.89% decrease from the 52 week high of $44.79 and a 21.78% increase over the 52 week low of $34.98.

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 $3.28. Zacks Investment Research reports MDT's forecasted earnings growth in 2013 as 5.64%, compared to an industry average of 8.6%.

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 )
  • iShares Dow Jones U.S. Health Care Index Fund ( IYH )
  • iShares Dow Jones U.S. Medical Devices Index Fund ( IHI ).

The top-performing ETF of this group is XLV with an increase of 5.07% over the last 100 days. It also 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 The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: IHI, IYH, MDT, STJ, VAR, XLV



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