Medtronic plc ( MDT ) will begin trading ex-dividend on September 27, 2016. A cash dividend payment of $0.43 per share is scheduled to be paid on October 21, 2016. Shareholders who purchased MDT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.16% increase over prior dividend payment. At the current stock price of $87.71, the dividend yield is 1.96%.
The previous trading day's last sale of MDT was $87.71, representing a -1.75% decrease from the 52 week high of $89.27 and a 37.09% increase over the 52 week low of $63.98.
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 $2.57. Zacks Investment Research reports MDT's forecasted earnings growth in 2017 as 6.47%, compared to an industry average of 8.5%.
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 13.47% over the last 100 days. XLV has the highest percent weighting of MDT at 4.33%.