Medtronic As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
MDT $2.76 1.5% 7.9% 8.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Medical Devices 3.6% 46 6.7% Quarter 1977

Medtronic (MDT) will raise its quarterly dividend by 13.6 percent to $0.125 per share in 2007. This follows last year's 14.3 percent dividend hike to 11 cents per share quarterly. Medtronic has now raised its dividend by double digits for five consecutive years.

Medtronic Public Limited Company (Medtronic) is a medical technology and services company. The Company develops, manufactures and markets its medical devices and technologies to hospitals, physicians, clinicians and patients in approximately 160 countries. The Company operates in four segments: Cardiac and Vascular Group, Minimally Invasive Technologies Group, Restorative Therapies Group and Diabetes Group.