The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.

MDT Dividend Calculator

Calculate how much dividend income Medtronic plc (MDT) could generate with reinvestment. Pre-loaded with MDT's current 3.02% yield and 2.8% dividend growth rate.

Dividend Yield: 3.02%

Annual Dividend: $2.85 per share

Share Price: $94.70

Payout Ratio: 70.0%

MDT DRIP Calculator

Model MDT dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.

5-Year Dividend Growth Rate (CAGR): 2.8% per year

What If You Invested $1,000 in MDT 10 Years Ago?

A $1,000 investment in MDT on 2016-09-30 would be worth $1,448.38 today with dividends reinvested (DRIP), a total return of 44.8%.

Without reinvesting, the total portfolio value (shares plus cash dividends) would be $1,384.84 (38.5% return). Reinvesting dividends added $63.54 in extra value.

Starting share price: $86.4 — Current share price: $88.48

Frequently Asked Questions

What is MDT's current dividend yield?

MDT (Medtronic plc) currently has a dividend yield of 3.02%. This means for every $10,000 invested, you would receive approximately $302 per year in dividend income before taxes.

How much MDT do I need to make $1,000 per month in dividends?

To earn $1,000 per month ($12,000/year) from MDT at its current yield of 3.02%, you would need approximately $397,351 invested. With dividend reinvestment and growth, you may need less over time.

Does MDT pay monthly dividends?

No, MDT pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.

Is MDT's dividend safe?

MDT's payout ratio is 70%, which is moderate. While the dividend is currently sustainable, there's less room for earnings fluctuations compared to lower payout ratios.

What is MDT's dividend growth rate?

MDT's 5-year dividend compound annual growth rate (CAGR) is approximately 2.8% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.

What would $1,000 invested in MDT 10 years ago be worth today?

A $1,000 investment in MDT on 2016-09-30 would be worth approximately $1,448.38 today with dividends reinvested (DRIP), a 44.8% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $1,384.84 — meaning DRIP added $63.54 in extra value.

See full dividend history and analysis on the MDT dividend page.