MDT – Dividend Returns, History & Calculator

Dividend Champion 48 Years

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. The Cardiovascular Portfolio segment offers implantable cardiac pacem

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Company Info

Symbol MDT
Company Medtronic plc.
Sector Healthcare
Industry Medical Devices
Website Visit
Market Cap $114,395.9M

Price Data

Price $89.19
Price Change -1.51
Price Change % -1.67%
Next Earnings Report Nov 18, 2025
Low (52W) $79.29
High (52W) $99.37

Dividend Data

Div Yield 3.18%
5Y Avg Yield 2.87%
Current Div $0.710
Payouts/Year 4
Annualized $2.840
Previous Div $0.700
Ex-date Sep 26, 2025
Dividend Pay Date Oct 17, 2025

Growth Rates

Chowder Number 2.0
DGR 1Y -24.1%
DGR 3Y -7.0%
DGR 5Y -1.2%
DGR 10Y 4.4%

Total Returns

TTR 1Y - With Specials 3.9%
TTR 3Y - With Specials 6.0%
TTR 1Y - No Specials 3.9%
TTR 3Y - No Specials 6.0%

Fair Value

Fair Value (P/E 10) $92.24
FV (P/E 10) % -3.0%
Fair Value (Peter Lynch) $90.50
FV (Peter Lynch) % -1.0%
Fair Value (Blended) $123.40
FV (Blended) % -28.0%

Financial Metrics

Revenue 1Y 3.6%
NPM 13.6%
CF/Share $5.57
ROE 9.7%
Current R 2.0x
Debt/Capital 35.0%
ROTC 6.3%
P/E 24.6x
P/BV 2.4x
PEG 3.13
📊 Financial data last updated: November 3, 2025 3:20 pm

Calculate your MDT Dividend Returns

Quickly and easily calculate MDT dividend yield using our MDT calculator. Adjust the fields below to see how your MDT investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: November 9, 2025 11:51 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000108$92.20$0.713.08%3.08%$335$335125$11,535
2$11,758125$93.98$0.763.22%3.28%$407$742142$13,365
3$13,624142$95.80$0.803.36%3.49%$489$1,231160$15,313
4$15,609160$97.66$0.863.51%3.72%$581$1,812178$17,391
5$17,727178$99.55$0.913.66%3.96%$686$2,498197$19,614
6$19,993197$101.48$0.973.83%4.21%$805$3,303217$21,998
7$22,424217$103.44$1.033.99%4.48%$940$4,243237$24,564
8$25,039237$105.44$1.104.17%4.77%$1,093$5,335259$27,332
9$27,861259$107.49$1.174.36%5.08%$1,267$6,602282$30,328
10$30,915282$109.57$1.254.55%5.41%$1,465$8,067306$33,580

MDT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
09/26/202509/26/2025$0.7102.99%3.01%$94.22
06/27/202506/27/2025$0.7103.27%3.30%$86.02
03/28/202503/28/2025$0.7003.20%3.20%$87.63
12/27/202412/27/2024$0.7003.46%3.47%$80.74
09/27/202409/27/2024$0.7003.11%3.13%$89.32
06/28/202406/28/2024$0.7003.52%3.56%$78.71
03/21/202403/21/2024$0.6903.31%3.31%$83.41
12/19/202312/19/2023$0.6903.35%3.36%$82.07
09/21/202309/21/2023$0.6903.41%3.43%$80.46
06/22/202306/22/2023$0.6903.12%3.16%$87.41
03/23/202303/23/2023$0.6803.51%3.51%$77.57
12/20/202212/20/2022$0.6803.48%3.55%$76.70
09/22/202209/22/2022$0.6803.14%3.26%$83.56
06/23/202206/23/2022$0.6802.90%3.07%$88.67
03/24/202203/24/2022$0.6302.37%2.37%$106.35
12/21/202112/21/2021$0.6302.43%2.48%$101.65
09/23/202109/23/2021$0.6301.85%1.93%$130.64
06/24/202106/24/2021$0.6301.89%2.01%$125.09
03/25/202103/25/2021$0.5801.99%1.99%$116.58
12/21/202012/21/2020$0.5801.99%2.03%$114.45
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Invest in MDT with Interactive Brokers

MDT 10-yr Total Return ($10,000 invested)

This analysis of MDT demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 4.7% CAGR, representing modest long-term performance. The DRIP strategy provided 21% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (MDT)

Over the selected period, investing $10,000 in MDT would grow to $20,724 with DRIP (107.2%), and $19,322 without DRIP (93.2%).

MDT Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in MDT with historic price growth (1.94%) and dividend growth (6.45%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $91,422

Annual Dividend: $6,699

Yield on Cost: 19.70%

Total Dividends: $42,384

No DRIP

Portfolio: $70,988

Total Dividends: $27,039

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $288,952

Annual Dividend: $32,659

Yield on Cost: 71.00%

Total Dividends: $195,865

No DRIP

Portfolio: $143,120

Total Dividends: $76,644

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $13,869 against a total investment of $25,600. At this point, your portfolio is throwing off $2,472 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $4,350, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $42,384 versus $34,000 invested, nearly a 125% recovery of capital purely from income. Yield on cost reaches 19.70%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $14,272 is greater than total contributions to date ($40,000), and cumulative dividends exceed $90,251.

By year 30, the DRIP snowball is in full force. Yearly income reaches $32,659, cumulative dividends total $195,865, and the DRIP portfolio value stands at $288,952, compared with $143,120 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for MDT, price $92.20, dividend per period $0.71 (4x/year), along with historic growth assumptions: price growth 1.94% and dividend growth 6.45% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for MDT

Based on past 10-year performance, here are MDT growth metrics:

Share price CAGR of +5.56%
Dividend CAGR of +7.49%

Using MDT CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

MDT (DRIP)MDT (No DRIP)
Current Price$92.20$92.20
Start Shares108.46108.46
Start Value$10,000$10,000
After 10 years:
Final Share Count151.61108.46
Dividends Payment$5.85$5.85
Annual Dividends$855$634
Yield on cost8.55%6.34%
Share Price$158.46$158.46
Total Dividends$5,548$4,681
Final Value$24,024$21,867

Estimated Future Value + Dividends – MDT

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

MDT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
09/26/202509/26/2025$0.7102.99%3.01%$94.22
06/27/202506/27/2025$0.7103.27%3.30%$86.02
03/28/202503/28/2025$0.7003.20%3.20%$87.63
12/27/202412/27/2024$0.7003.46%3.47%$80.74
09/27/202409/27/2024$0.7003.11%3.13%$89.32
06/28/202406/28/2024$0.7003.52%3.56%$78.71
03/21/202403/21/2024$0.6903.31%3.31%$83.41
12/19/202312/19/2023$0.6903.35%3.36%$82.07
09/21/202309/21/2023$0.6903.41%3.43%$80.46
06/22/202306/22/2023$0.6903.12%3.16%$87.41
03/23/202303/23/2023$0.6803.51%3.51%$77.57
12/20/202212/20/2022$0.6803.48%3.55%$76.70
09/22/202209/22/2022$0.6803.14%3.26%$83.56
06/23/202206/23/2022$0.6802.90%3.07%$88.67
03/24/202203/24/2022$0.6302.37%2.37%$106.35
12/21/202112/21/2021$0.6302.43%2.48%$101.65
09/23/202109/23/2021$0.6301.85%1.93%$130.64
06/24/202106/24/2021$0.6301.89%2.01%$125.09
03/25/202103/25/2021$0.5801.99%1.99%$116.58
12/21/202012/21/2020$0.5801.99%2.03%$114.45
09/24/202009/24/2020$0.5802.21%2.29%$101.27
06/25/202006/25/2020$0.5802.48%2.61%$88.86
03/26/202003/26/2020$0.5402.35%2.35%$91.94
12/26/201912/26/2019$0.5401.88%1.92%$112.58
09/26/201909/26/2019$0.5401.94%2.01%$107.40
07/05/201907/05/2019$0.5402.08%2.20%$98.11
03/21/201903/21/2019$0.5002.13%2.17%$92.10
12/27/201812/27/2018$0.5002.14%2.23%$89.65
07/05/201807/05/2018$0.5002.19%2.33%$85.91
03/22/201803/22/2018$0.4602.35%2.35%$78.14
12/28/201712/28/2017$0.4602.23%2.26%$81.34
09/28/201709/28/2017$0.4602.29%2.37%$77.71
07/05/201707/05/2017$0.4601.97%2.07%$88.90
03/22/201703/22/2017$0.4302.12%2.12%$81.00
12/21/201612/21/2016$0.4302.33%2.40%$71.58
09/27/201609/27/2016$0.4301.87%1.98%$86.67
07/06/201607/06/2016$0.4301.80%1.97%$87.45
03/22/201603/22/2016$0.3802.03%2.03%$74.94
12/22/201512/22/2015$0.3801.87%1.97%$77.32
09/23/201509/23/2015$0.3801.98%2.19%$69.29
06/25/201506/25/2015$0.3801.72%2.01%$75.48
03/26/201503/26/2015$0.3051.59%1.59%$76.61
12/30/201412/30/2014$0.3051.64%1.67%$73.07
10/01/201410/01/2014$0.3051.87%1.95%$62.47
07/01/201407/01/2014$0.3051.79%1.91%$63.91
04/02/201404/02/2014$0.2801.81%1.81%$61.86
12/31/201312/31/2013$0.2801.92%1.95%$57.39
10/02/201310/02/2013$0.2802.02%2.09%$53.52
07/02/201307/02/2013$0.2802.05%2.16%$51.81
04/03/201304/03/2013$0.2602.21%2.21%$47.02
12/13/201212/13/2012$0.2602.42%2.47%$42.19
10/03/201210/03/2012$0.2602.31%2.39%$43.54
07/03/201207/03/2012$0.2602.53%2.66%$39.05
04/03/201204/03/2012$0.2432.49%2.49%$39.10
01/04/201201/04/2012$0.2432.49%2.54%$38.31
10/05/201110/05/2011$0.2432.90%3.01%$32.26
07/06/201107/06/2011$0.2432.41%2.55%$38.08
04/06/201104/06/2011$0.2252.28%2.28%$39.45
01/05/201101/05/2011$0.2252.41%2.47%$36.49
10/06/201010/06/2010$0.2252.56%2.67%$33.65
07/07/201007/07/2010$0.2252.27%2.43%$37.05
04/07/201004/07/2010$0.2051.83%1.83%$44.78
01/06/201001/06/2010$0.2051.77%1.81%$45.33
10/07/200910/07/2009$0.2052.13%2.23%$36.84
07/08/200907/08/2009$0.2052.34%2.50%$32.82
04/01/200904/01/2009$0.1882.54%2.54%$29.58
12/30/200812/30/2008$0.1882.26%2.46%$30.54
10/01/200810/01/2008$0.1881.26%1.51%$49.83
07/01/200807/01/2008$0.1881.09%1.46%$51.46
04/02/200804/02/2008$0.1251.01%1.01%$49.35
01/02/200801/02/2008$0.1250.98%1.01%$49.50
10/03/200710/03/2007$0.1250.83%0.88%$56.84
07/03/200707/03/2007$0.1250.86%0.95%$52.83
04/03/200704/03/2007$0.1100.89%0.89%$49.40
01/03/200701/03/2007$0.1100.81%0.84%$52.57
10/04/200610/04/2006$0.1100.84%0.90%$48.92
07/05/200607/05/2006$0.1100.85%0.94%$47.05
04/05/200604/05/2006$0.0960.76%0.76%$50.58
01/04/200601/04/2006$0.0960.64%0.66%$58.37
10/05/200510/05/2005$0.0960.68%0.72%$53.04
06/29/200506/29/2005$0.0960.67%0.74%$52.20
03/30/200503/30/2005$0.0840.66%0.65%$51.54
01/05/200501/05/2005$0.0850.67%0.70%$48.75
09/29/200409/29/2004$0.0850.61%0.66%$51.77
06/30/200406/30/2004$0.0850.62%0.70%$48.72
03/31/200403/31/2004$0.0730.61%0.61%$47.75
12/30/200312/30/2003$0.0730.58%0.60%$48.91
10/01/200310/01/2003$0.0730.56%0.62%$47.48
07/01/200307/01/2003$0.0730.53%0.61%$48.06
04/02/200304/02/2003$0.0630.53%0.54%$46.80
12/31/200212/31/2002$0.0580.53%0.51%$45.60
10/02/200210/02/2002$0.0630.57%0.59%$42.83
07/02/200207/02/2002$0.0630.59%0.62%$40.45
04/03/200204/03/2002$0.0580.53%0.53%$44.12
01/02/200201/02/2002$0.0580.45%0.46%$50.00
10/03/200110/03/2001$0.0580.49%0.52%$44.40
07/03/200107/03/2001$0.0580.34%0.49%$47.09
04/04/200104/04/2001$0.0500.37%0.49%$40.71
01/03/200101/03/2001$0.0500.26%0.34%$58.88
12/19/200012/19/2000$0.0010.26%0.01%$55.25
10/04/200010/04/2000$0.0500.35%0.39%$51.94
07/05/200007/05/2000$0.0500.35%0.42%$48.00
04/05/200004/05/2000$0.0400.29%0.29%$55.88
01/05/200001/05/2000$0.0400.42%0.44%$36.63
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

MDT Price

Price to Earnings

MDT trades at a 104.8x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

MDT trades at a 14.6x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

MDT generated $8.4B in revenue.

Net Income

MDT reported $1.2B in net income.

Revenue vs Net Income

MDT generated $8.4B in revenue with net income of $1.2B, representing a 13.9% net profit margin.

Gross Profit

MDT achieved $6.6B in gross profit, showing revenue after direct production costs.

Operating Income

MDT generated $2.9B in operating income, representing profit from core business operations.

EBITDA

MDT generated $3.4B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

MDT generated $1.3B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

MDT generated $1.0B in free cash flow.

Free Cash Flow / Share

MDT generates $0.82 in free cash flow per share. FCF per share has declined by 11% over the period.

Earnings Per Share (EPS)

MDT reported $0.91 in earnings per share.

Return on Equity (ROE)

MDT delivered a 11.6% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

MDT achieved a 7.0% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

MDT maintains a 13.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

MDT operates with a 79.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

MDT holds $1.3B in cash against $0.4B in debt, resulting in a net cash position of $0.8B.

Shares Outstanding

MDT has 1.3B shares outstanding.

Stock-Based Comp

MDT reported $0.2B in stock-based compensation.

FCF vs Stock Based Comp

MDT generated $1.0B in free cash flow while spending $0.2B on stock-based compensation, representing 20% of FCF.

FCF vs FCF / Share

MDT reported $1.0B in free cash flow, translating to $0.82 per share.

Revenue: Actual + Estimates

This chart tracks MDT revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks MDT eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks MDT net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks MDT ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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