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Medtronic plc (MDT) Ex-Dividend Date Scheduled for September 27, 2016

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%.

For more information on the declaration, record and payment dates, visit the MDT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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