Medtronic (MDT) dividend history
Medtronic paid $3.6B in dividends in fiscal 2026, about $2.83 per share.
Dividends per share grew 8.1% a year over 13 years, rising in each of the last 13 years.
That took 67% of free cash flow and 76% of net income.
At today's price the trailing yield is 3.22%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Medtronic's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2026 | $2.83 | +1.5% | $3.6B | 67% | 76% |
| 2025 | $2.78 | +1.0% | $3.6B | 69% | 77% |
| 2024 | $2.76 | +1.6% | $3.7B | 70% | 100% |
| 2023 | $2.71 | +8.4% | $3.6B | 79% | 96% |
| 2022 | $2.50 | +8.6% | $3.4B | 57% | 67% |
| 2021 | $2.30 | +7.6% | $3.1B | 64% | 87% |
| 2020 | $2.14 | +8.0% | $2.9B | 48% | 60% |
| 2019 | $1.98 | +8.8% | $2.7B | 46% | 58% |
| 2018 | $1.82 | +6.7% | $2.5B | 69% | 80% |
| 2017 | $1.71 | +13.8% | $2.4B | 42% | 59% |
| 2016 | $1.50 | +24.4% | $2.1B | 51% | 60% |
| 2015 | $1.21 | +9.5% | $1.3B | 31% | 50% |
| 2014 | $1.10 | +7.2% | $1.1B | 24% | 36% |
| 2013 | $1.03 | — | $1.1B | 24% | 30% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Medtronic pay a dividend?
Medtronic paid $3.6B in dividends in fiscal 2026, about $2.83 per share.
How fast has Medtronic's dividend grown?
Dividends per share grew 8.1% a year over 13 years, rising in each of the last 13 years.
From Medtronic's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.