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Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for December 31, 2013
By: NASDAQ.com News
Medtronic, Inc. ( MDT ) will begin trading ex-dividend on December 31, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on January 24, 2014. 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 $57.4, the dividend yield is 1.95%.
The previous trading day's last sale of MDT was $57.4, representing a -2.46% decrease from the 52 week high of $58.85 and a 42.5% 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 $3.74. Zacks Investment Research reports MDT's forecasted earnings growth in 2014 as 1.96%, compared to an industry average of 7.5%.
Interested in gaining exposure to MDT through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MDT as a top-10 holding:
- PowerShares Dynamic Heathcare ( PTH )
- Vanguard Health Care ETF ( VHT )
- iShares U.S. Medical Devices ETF ( IHI ).
The top-performing ETF of this group is IHI with an increase of 10.52% over the last 100 days. PTH has the highest percent weighting of MDT at 2.5%.