$88.64
+0.13 (+0.15%)
As of Sep 27, 9:31 PM ET ·
Dividend Overview
3.50%
Dividend Yield
+2.20% vs S&P 500 avg
$2.84
Annual Dividend
Per Payment$0.71
Frequencyquarterly
Payout Ratio75.8%
Ex-DividendMar 28, 2026
Pay DateApr 14, 2026
Stock Price$88.64
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in MDT at $88.64/share
Monthly
$26.51
Quarterly
$79.54
Annually
$318.15
112 shares Based on current price of $88.64 per share
To earn $100/month in dividends
You would need 423 shares
$37,494.72
investment needed
Dividend Safety
Moderate 75.8% payout ratio
Safe Moderate High

A payout ratio between 60-80% means most earnings go to dividends, leaving less room for growth.

Dividend Comparison — Health Care
Stock Yield Annual Div Payout Ratio Price
UNH
UnitedHealth Group Inc
1.37% $8.69 65.7% $377.11
ABT
Abbott Laboratories
1.98% $2.37 63.1% $101.12
MDT
Medtronic Plc
3.50% $2.84 75.8% $88.64
CVS
Cvs Health Corp
3.49% $2.68 192.1% $88.59
SYK
Stryker Corp
1.02% $3.36 39.6% $276.24
MCK
Mckesson Corp
0.54% $3.11 8.0% $859.16
HCA
Hca Healthcare Inc
0.95% $2.84 10.0% $433.66
ELV
Elevance Health Inc
1.24% $6.82 27.0% $394.00
CI
The Cigna Group
1.74% $6.00 27.0% $269.66
COR
Cencora Inc
1.01% $2.25 28.1% $306.18