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

By: News
Posted: 7/1/2013 9:00:00 AM

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:

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%.