Medtronic plc Dividend yield

 Price  81.50
 Dividend  2.76
 Earnings  4.10
 Cash-flow  4.53
 Book value  38.81
 Equity  39.05

Medtronic plc is part of Health Care Equip. and Services business, which is part of Health Care industry. Medtronic plc is a company from USA, and his stocks are publicly traded.

Medtronic plc stock dividend

Medtronic plc paid a total dividend of 3,671 million USD last year, for a market value of 108,395 millions (Market Cap 108,115 millions). Medtronic plc dividend per share is 2.76 USD, and his stock market price 81.50 USD.

According to the chart below, where dividend yield is displayed, Medtronic plc has a dividend yield of 3.39%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Health Care industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Medtronic plc stocks dividend with other Health Care Equip. and Services companies or other of the high USA dividend stocks list.

Dividend yield of Medtronic plc

Medtronic plc Dividend Payout

About the ability of Medtronic plc to maintain his current dividend of USD 2.76 per share, an amount that accounts for 3.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Medtronic plc payout on ernings is currently 67.32%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Medtronic plc can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Medtronic plc is USD 4.53 per share, which is higher than the dividend per share paid by the company of USD 2.76, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Medtronic plc, compared againt world market average, USA companies, Health Care industry and Health Care Equip. and Services sector companies.

Medtronic plc payout

Medtronic plc Dividend History

Below you will find a table with the historical evolution of Medtronic plc's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Then you can see the evolution of Medtronic plc dividend stock, and compare it with the average of USA stocks and that of the Health Care Equip. and Services stocks.

Medtronic plc stock dividend history

Medtronic plc Stock performance

Finally, last moth Medtronic plc showed a return of -7.10% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -7.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Health Care Equip. and Services firms.

Medtronic plc stock and market return