Medtronic plc ( MDT ) will begin trading ex-dividend on December 27, 2018. A cash dividend payment of $0.5 per share is scheduled to be paid on January 18, 2019. Shareholders who purchased MDT 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 $85.8, the dividend yield is 2.33%.
The previous trading day's last sale of MDT was $85.8, representing a -14.33% decrease from the 52 week high of $100.15 and a 12.29% increase over the 52 week low of $76.41.
MDT is a part of the Health Care sector, which includes companies such as Varian Medical Systems, Inc. ( VAR ) and Masimo Corporation ( MASI ). MDT's current earnings per share, an indicator of a company's profitability, is $1.65. Zacks Investment Research reports MDT's forecasted earnings growth in 2019 as 7.52%, compared to an industry average of 5%.
Interested in gaining exposure to MDT through an Exchange Traded Fund [ETF]?
The following ETF(s) have MDT as a top-10 holding:
- iShares U.S. Medical Devices ETF ( IHI )
- iShares U.S. Healthcare ETF ( IYH )
- Global X Longevity Thematic ETF ( LNGR )
- Fidelity MSCI Health Care Index ETF ( FHLC )
- iShares Global Healthcare ETF ( IXJ ).
The top-performing ETF of this group is IXJ with an decrease of -10.28% over the last 100 days. IHI has the highest percent weighting of MDT at 9.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.