Medtronic, Inc. (
) will begin trading ex-dividend on October 02, 2013. A cash
dividend payment of $0.28 per share is scheduled to be paid on
October 25, 2013. Shareholders who purchased MDT stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
represents an 7.69% increase over the same period a year ago. At
the current stock price of $53.25, the dividend yield is 2.1%.
The previous trading day's last sale of MDT was $53.25,
representing a -4.88% decrease from the 52 week high of $55.98 and
a 32.2% increase over the 52 week low of $40.28.
MDT is a part of the Health Care sector, which includes
companies such as St. Jude Medical, Inc. (
) and Varian Medical Systems, Inc. (
). MDT's current earnings per share, an indicator of a company's
profitability, is $3.48. Zacks Investment Research reports MDT's
forecasted earnings growth in 2014 as 1.93%, compared to an
industry average of 5.5%.
For more information on the declaration, record and payment
dates, visit the
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:
- Select Sector SPDR Fund - Health Care (
- PowerShares Dynamic Heathcare (
- iShares U.S. Medical Devices ETF (
The top-performing ETF of this group is IHI with an increase of
8.83% over the last 100 days. XLV has the highest percent weighting
of MDT at 2.89%.