Medtronic plc ( MDT ) will begin trading ex-dividend on July 05, 2017. A cash dividend payment of $0.46 per share is scheduled to be paid on July 26, 2017. Shareholders who purchased MDT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.98% increase over prior dividend payment. At the current stock price of $88.75, the dividend yield is 2.07%.
The previous trading day's last sale of MDT was $88.75, representing a -1.08% decrease from the 52 week high of $89.72 and a 27.97% increase over the 52 week low of $69.35.
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 $2.89. Zacks Investment Research reports MDT's forecasted earnings growth in 2018 as 7.43%, compared to an industry average of 8.1%.
Interested in gaining exposure to MDT through an Exchange Traded Fund [ETF]?
The following ETF(s) have MDT as a top-10 holding:
- SPDR Select Sector Fund - Health Care ( XLV )
- iShares U.S. Healthcare ETF ( IYH )
- Vanguard Health Care ETF - DNQ ( VHT )
- Vanguard Div Appreciation ETF - DNQ ( VIG )
- iShares U.S. Medical Devices ETF ( IHI ).
The top-performing ETF of this group is IHI with an increase of 16.06% over the last 100 days. XLV has the highest percent weighting of MDT at 4.02%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.