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Medtronic PLC  (NYSE:MDT) Dividend Payout Ratio: 0.62 (As of Jul. 2017)

Medtronic PLC's dividend payout ratio for the months ended in Jul. 2017 was 0.62.

NYSE:MDT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Max: 0.61
Current: 0.59

0.26
0.61

During the past 13 years, the highest Dividend Payout Ratio of Medtronic PLC was 0.61. The lowest was 0.26. And the median was 0.35.

NYSE:MDT's Dividend Payout Ratio is ranked lower than
59% of the 125 Companies
in the Global industry.

( Industry Median: 0.37 vs. NYSE:MDT: 0.59 )

As of Today, the Dividend Yield % of Medtronic PLC is 2.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Medtronic PLC was 2.93%. The lowest was 0.76%. And the median was 1.94%.

Medtronic PLC's Dividends per Share for the months ended in Jul. 2017 was $0.46.

During the past 12 months, Medtronic PLC's average Dividends Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Medtronic PLC was 30.20% per year. The lowest was 7.60% per year. And the median was 16.70% per year.

The growth rate is calculated with least square regression.

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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Medtronic PLC Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.37 0.51 0.61 0.60

Medtronic PLC Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.54 0.73 0.51 0.62

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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. 2017 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2017 )/ EPS without NRI (A: Apr. 2017 )
=1.72/ 2.89
=0.60

Medtronic PLC's Dividend Payout Ratio for the quarter that ended in Jul. 2017 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2017 )/ EPS without NRI (Q: Jul. 2017 )
=0.46/ 0.74
=0.62

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


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