dividendsafetychecker.com

Medtronic plc.MDT

Healthcare · Medical Devices

Safe
Cuts are rare here: roughly 1 in 100 stocks with this rating cut within a year

Scored 2026-07-07 · updates weekly

62.8SAFE0100

What’s driving the score

Dividend yield27%
91
Yield vs its own history20%
92
Interest coverage9%
85
Free cash flow payout9%
69
Years since last cut9%
100
Dividend growth (1y)7%
74
Cash flow payout5%
69
Profit steadiness4%
79
Earnings payout4%
61
Debt load3%
100
Revenue growth3%
100
Cash vs debt1%
88

100 is the best score. The small percentage shows how much each factor counts. Hover a factor name for what it means. “n/a” means that factor doesn’t apply to this type of company (banks and REITs work differently), so the other factors count more.

The bottom line

As of 2026-07-07, Medtronic (MDT) scores 62.8 out of 100 on the Dividend Safety Checker scale, which rates its dividend Safe. In our testing, roughly 1 in 100 stocks with this rating cut their dividend within a year.

The strongest parts of the picture are debt load, years since last cut, revenue growth. The main things holding the score back are earnings payout (scoring 61 out of 100) and cash flow payout (69 out of 100). How much of reported profit goes to the dividend.

Medtronic currently yields 3.5%, has gone at least 20 years without cutting its dividend, pays out 67% of its free cash flow as dividends. The score updates weekly as new filings and prices come in.

Common questions

Is Medtronic's dividend safe?

As of 2026-07-07, Medtronic (MDT) scores 62.8 out of 100 on the Dividend Safety Checker scale, which rates its dividend Safe. In our testing, roughly 1 in 100 stocks with this rating cut their dividend within a year.

How likely is MDT to cut its dividend in the next 12 months?

Medtronic is rated Safe (score 62.8 of 100). In our testing, roughly 1 in 100 stocks with this rating cut their dividend within a year. The rating comes from a formula tested against every US dividend cut from 2008 to 2025.

When did Medtronic last cut its dividend?

Medtronic has not cut its dividend in at least 20 years, as far back as our payment records reach.

What is Medtronic's dividend yield?

As of 2026-07-07, Medtronic yields 3.5% based on its trailing 12 months of regular dividend payments.

How is this dividend safety score calculated?

The score combines 12 measurable factors: payout ratios, debt, profit steadiness, yield versus the stock's own history, and the company's cut record. Each factor is graded against 18 years of real dividend-cut history. The full method is public at dividendsafetychecker.com/methodology.

Answers are generated from the latest model run and refresh with each rescore. Not investment advice. See how the score works.

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Medtronic plc.MDTDividend safety check · 2026-07-07SafeCuts are rare here: roughly 1 in 100 stocks withthis rating cut within a year62.8SAFE0100What’s driving the score100 = safestDividend yield91Yield vs its own history92Interest coverage85Free cash flow payout69Years since last cut100Dividend growth (1y)74Cash flow payout69Profit steadiness79Earnings payout61Debt load100Revenue growth100Cash vs debt88Free score for any US stock. Not investment advice.dividendsafetychecker.com

Want to know how this is calculated? The whole method is public, and so is its track record. Or browse more Healthcare dividend stocks.

Is Medtronic's (MDT) Dividend Safe? Score: 62.8, Safe | Dividend Safety Checker