MDT Dividend Calculator
Calculate how much dividend income Medtronic plc (MDT) could generate with reinvestment. Pre-loaded with MDT's current 3.43% yield and 2.8% dividend growth rate.
Dividend Yield: 3.43%
Annual Dividend: $2.85 per share
Share Price: $83.19
Payout Ratio: 75.8%
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
Frequently Asked Questions
- What is MDT's current dividend yield?
- MDT (Medtronic plc) currently has a dividend yield of 3.43%. This means for every $10,000 invested, you would receive approximately $343 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 3.43%, you would need approximately $349,854 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 75.8%, 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.
See full dividend history and analysis on the MDT dividend page.