Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for October 02, 2013


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Medtronic, Inc. ( MDT ) 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. ( STJ ) and Varian Medical Systems, Inc. ( VAR ). 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 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:

  • Select Sector SPDR Fund - Health Care ( XLV )
  • PowerShares Dynamic Heathcare ( PTH )
  • iShares U.S. Medical Devices ETF ( IHI ).

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%.

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
More Headlines for: IHI , MDT , PTH , STJ , VAR , XLV

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