Medtronic announces cash dividend for third quarter of fiscal year 2022

Rhea-AI Summary

Medtronic plc (NYSE:MDT) announced a $0.63 cash dividend for Q3 of fiscal 2022, marking a 9% increase from the previous year. This increase reinforces its position as a member of the S&P 500 Dividend Aristocrats, with 44 consecutive years of dividend growth. The dividend will be payable on January 14, 2022, to shareholders of record by December 22, 2021. Medtronic is recognized for its innovative healthcare solutions and has a workforce of over 90,000 globally.

Positive

• Dividend increase of 9% to $0.63 per share
• 44 consecutive years of increasing dividends
• Solid position as part of the S&P 500 Dividend Aristocrats

Negative

• None.

DUBLIN, Dec. 10, 2021 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE:MDT) on Thursday, December 9, 2021, approved the fiscal year 2022 third quarter cash dividend of $0.63 per ordinary share, representing a 9 percent increase over the prior year. This quarterly declaration is consistent with the dividend announcement made by the company in May 2021. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 44 consecutive years. The dividend is payable on January 14, 2022, to shareholders of record at the close of business on December 22, 2021.

About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.

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

FAQ

What is Medtronic's dividend for Q3 fiscal 2022?

Medtronic's Q3 fiscal 2022 dividend is $0.63 per share.

When will Medtronic's Q3 dividend be payable?

The dividend will be payable on January 14, 2022.

What was the percentage increase in Medtronic's dividend?

The dividend was increased by 9% compared to the previous year.

How many years has Medtronic increased its dividends?

Medtronic has increased its dividends for 44 consecutive years.

Who are the shareholders of record for Medtronic's Q3 dividend?

Shareholders of record are those on file by the close of business on December 22, 2021.