Medtronic announces cash dividend for fourth quarter of fiscal year 2025
Rhea-AI Summary
Medtronic (NYSE: MDT) has declared a quarterly cash dividend of $0.70 per ordinary share for the fourth quarter of fiscal year 2025. The dividend will be paid on April 11, 2025, to shareholders of record as of March 28, 2025.
This declaration aligns with the dividend increase announced in May 2024. As a member of the S&P 500 Dividend Aristocrats index, Medtronic has maintained a 47-year streak of consecutive annual dividend increases.
Headquartered in Galway, Ireland, Medtronic is a global healthcare technology company with 95,000+ employees across more than 150 countries. The company develops technologies and therapies for 70 health conditions, including cardiac devices, surgical robotics, insulin pumps, surgical tools, and patient monitoring systems.
Positive
- 47-year track record of consecutive dividend increases
- Maintains position in S&P 500 Dividend Aristocrats index
- Stable quarterly dividend of $0.70 per share
- Global presence in 150+ countries
Negative
- None.
News Market Reaction – MDT
In the trading session that priced this news, MDT gained 1.47%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
Contacts: | |
Erika Winkels | Ryan Weispfenning |
Public Relations | Investor Relations |
+1-763-526-8478 | +1-763-505-4626 |
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SOURCE Medtronic plc
