MDT Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for Medtronic plc (MDT). Pre-filled with MDT’s current yield of about 3.13% (as of Oct 13, 2026) — edit the growth and tax assumptions to fit your plan.
MDT dividend: yield, amount & dates
Snapshot of Medtronic plc (MDT) dividend data as of Oct 13, 2026. Figures change — verify the current numbers with your broker before investing.
MDT dividend income calculator
Pre-filled with MDT’s current yield of about 3.13%. See the income an amount of Medtronic plc would pay, or how much you’d need for a target monthly income.
MDT dividend history by year
Per share, grouped by ex-dividend date. Medtronic raises with the payment that goes ex in June, so each calendar year has one payment at the old rate and three at the new.
| Year | Dividends per share | Change | Payments |
|---|---|---|---|
| 2026through Sep 25, 2026 | $2.15 | — | 3 |
| 2025 | $2.83 | +1.4% | 4 |
| 2024 | $2.79 | +1.5% | 4 |
| 2023 | $2.75 | +3.0% | 4 |
| 2022 | $2.67 | +8.1% | 4 |
| 2021 | $2.47 | +8.3% | 4 |
| 2020 | $2.28 | +7.5% | 4 |
| 2019 | $2.12 | +8.2% | 4 |
| 2018 | $1.96 | +8.3% | 4 |
| 2017 | $1.81 | +8.4% | 4 |
| 2016 | $1.67 | +15.6% | 4 |
| 2015 | $1.445 | +20.9% | 4 |
| 2014 | $1.195 | — | 4 |
Did Medtronic increase its dividend?
Yes. On June 3, 2026, Medtronic’s board raised the quarterly dividend by one cent, to $0.72 a share. That is $2.88 a year. The first payment at the new rate was made on July 17, 2026.
Medtronic called it the 49th year in a row of dividend increases. One more raise would take it to 50, the mark for a Dividend King.
MDT dividend history: raises have slowed to a cent
For a decade Medtronic’s payout grew steadily. It paid $1.195 a share in 2014 and $2.83 in 2025. From 2015 that is about 7.0% a year. 2015 alone jumped 20.9%.
Since 2023 the yearly raise has been a single cent per quarter: $0.68 to $0.69, then $0.70, $0.71 and $0.72. So the yearly total rose only 3.0% in 2023, 1.5% in 2024 and 1.4% in 2025. The three 2026 payments so far add up to $2.15 per share.
How often does MDT pay dividends?
Four times a year. Medtronic goes ex-dividend late in March, June, September and December. It pays about three weeks later, in mid-January, April, July and October. This year it went ex on March 27, June 26 and September 25.
The December 2026 dividend had not been declared by October 17, 2026; in 2025 it went ex on December 26.
Is MDT a good dividend stock? Payout and cash
This page does not give advice, but Medtronic’s numbers are public. In fiscal 2026, which ended in April, it earned $3.73 a share under standard accounting and $5.53 on its adjusted basis. Free cash flow was $5.43 billion.
In September 2026 Medtronic raised its fiscal 2027 adjusted earnings forecast to $5.94 to $6.00 a share. The $2.88 dividend is a bit under half of that. Its diabetes business now reports separately as MiniMed Group after an initial public offering.
MDT dividend yield
Medtronic’s payouts in the 12 months to Oct 13, 2026 came to $2.86 a share. Against a price close to $91.37, that is a yield of about 3.13%. Abbott, which also makes medical devices, yielded about 2.48%.
100 MDT shares pay $72 each quarter at the current rate, $288 a year.
dividendhistory.org and digrin.com list identical Medtronic payments for every quarter since 2014. stockanalysis.com agrees on the most recent 20. The raise and earnings come from Medtronic’s SEC filings. Last checked Oct 16, 2026. Sources: SEC — Medtronic fourth-quarter fiscal 2026 results and dividend (Jun 3, 2026); SEC — Medtronic first-quarter fiscal 2027 results (Sep 1, 2026); Medtronic — dividend history; dividendhistory.org — MDT payouts; digrin.com — MDT dividends. Not financial advice.
Related dividend guides
MDT dividend snapshot
Held steadyAs of Oct 13, 2026, MDT yields about 3.13%, having distributed $2.86 per share over the trailing twelve months.
Its most recent payment was $0.72 per share, which went ex-dividend on Sep 25, 2026 and paid on Oct 16, 2026.
MDT has paid a steady $0.72 per share each quarter across the payments shown below.
Based on MDT’s published payment record as of Oct 13, 2026 — a description of what the dividend has done, not a rating or a forecast.
About MDT
Medtronic is one of the largest medical-device companies in the world, making products for cardiac, neurological, diabetes, and surgical care. It is a Dividend Aristocrat with a long, unbroken record of annual dividend increases.
MDT is a dividend-growth stock from Medtronic that distributes quarterly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for MDT: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.
How to use the MDT calculator
- Replace the pre-filled yield with MDT’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a dividend-growth stock these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
MDT dividend FAQ
- How much is Medtronic’s dividend?
- $0.72 a share each quarter since the June 2026 ex-date, or $2.88 a year. Before that it was $0.71.
- Is Medtronic a Dividend Aristocrat?
- Its 2026 raise was its 49th in a row, well past the 25 years an S&P 500 Dividend Aristocrat needs, and one short of the 50 for a Dividend King.
- Where is Medtronic based?
- Medtronic plc reports from Galway, Ireland, and its shares trade on the New York Stock Exchange under MDT.
- How does this MDT dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield, optionally reinvests it (DRIP), then applies price growth. The page loads pre-filled with MDT's current yield (about 3.13% as of Oct 13, 2026); adjust the dividend-growth, price-growth, and tax assumptions to fit your own outlook.
- What yield should I use for MDT?
- As of Oct 13, 2026, MDT's dividend yield was about 3.13% ($2.86 per share over the trailing year). Yields move with the share price, so use the current figure from your broker rather than a fixed number. Enter the trailing or forward yield, whichever you prefer to model.
- How often does MDT pay dividends, and when?
- Medtronic plc pays a quarterly dividend; its most recent payment was $0.72 per share, ex-dividend Sep 25, 2026. This calculator compounds monthly and projects annual totals, so it works the same regardless of the payment schedule — the cadence just affects when cash actually lands in your account.
- Is the MDT projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.
Add the MDT widget to your site
Writers and site owners can embed MDT’s live dividend yield and income table free — it updates as the data refreshes.
Embed the MDT widget
Paste this on your site to show MDT’s live dividend yield and income table. Free — it stays current as the data updates.
<iframe src="https://anydividendcalculator.com/embed/mdt" title="MDT dividend income calculator" width="100%" height="360" style="border:1px solid #e5e7eb;border-radius:14px;max-width:460px" loading="lazy"></iframe>