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Medtronic, Inc. (MDT) Ex-Dividend Date Scheduled for July 02, 2013
By: NASDAQ.com News
Medtronic, Inc. ( MDT ) will begin trading ex-dividend on July 02, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on July 26, 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 prior quarter. At the current stock price of $51.47, the dividend yield is 2.18%.
The previous trading day's last sale of MDT was $51.47, representing a -4.38% decrease from the 52 week high of $53.83 and a 38.88% increase over the 52 week low of $37.06.
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 $3.38. Zacks Investment Research reports MDT's forecasted earnings growth in 2014 as 2.22%, compared to an industry average of 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 )
- PowerShares Dynamic Heathcare ( PTH )
- SPDR S&P Health Care Equipment ( XHE )
- iShares U.S. Medical Devices ETF ( IHI ).
The top-performing ETF of this group is PTH with an increase of 13.89% over the last 100 days. XLV has the highest percent weighting of MDT at 2.88%.