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Medtronic PLC (NYSE:MDT)
Dividend Payout Ratio
0.49 (As of Jan. 2016)

Medtronic PLC's dividend payout ratio for the three months ended in Jan. 2016 was 0.49.

MDT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Max: 2.09
Current: 0.85

0.14
2.09

During the past 13 years, the highest Dividend Payout Ratio of Medtronic PLC was 2.09. The lowest was 0.14. And the median was 0.24.

MDT's Dividend Payout Ratio is ranked lower than
88% of the 113 Companies
in the Global Medical Devices industry.

( Industry Median: 0.36 vs. MDT: 0.85 )

As of Today, the Trailing Annual Dividend Yield of Medtronic PLC is 1.91%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Medtronic PLC was 2.93%. The lowest was 0.61%. And the median was 1.86%.

Medtronic PLC's Dividends Per Share for the three months ended in Jan. 2016 was $0.38.

During the past 12 months, Medtronic PLC's average Dividends Per Share Growth Rate was 20.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Medtronic PLC was 26.00% per year. The lowest was 7.60% per year. And the median was 15.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Medtronic PLC's Dividend Payout Ratio for the fiscal year that ended in Apr. 2015 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Apr. 2015 )/EPS without NRI (A: Apr. 2015 )
=1.22/2.412
=0.51

Medtronic PLC's Dividend Payout Ratio for the quarter that ended in Jan. 2016 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Jan. 2016 )/EPS without NRI (Q: Jan. 2016 )
=0.38/0.77
=0.49

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Related Terms

EPS without NRI, Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Medtronic PLC Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
payout 0.180.180.260.390.290.310.300.310.370.51

Medtronic PLC Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
payout 0.320.370.640.350.370.310.000.671.060.49
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