Medtronic MDT
NYSE MDT
$92.39 0.00 (0.00%)
As of: Sep 9, 2026 · 1:21 PM EDT

Medtronic (MDT) Dividend Coverage Ratio (2014 - 2026)

Medtronic's (MDT) quarterly Dividend Coverage Ratio came in at 1.61 in Q3 2026, up 39.67% year-over-year from 1.15 in Q3 2025, and up 15.89% quarter-over-quarter from 1.39 in Q2 2026.

Analysis

Medtronic (MDT) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends

Medtronic has disclosed Dividend Coverage Ratio across 13 years of filings, most recently posting 1.61 for Q3 2026.

  • In Q3 2026, Dividend Coverage Ratio rose 39.67% year-over-year to 1.61; the TTM figure through Jul 2026 stood at 1.44 (up 10.88% YoY), while the FY2026 annual figure was 1.33, up 1.67% from the prior year.
  • Dividend Coverage Ratio came in at 1.61 for Q3 2026 at Medtronic, up from 1.39 in the prior quarter.
  • In the past five years, Dividend Coverage Ratio ranged from a high of 1.77 in Q2 2022 to a low of 0.48 in Q4 2022.
  • Average Dividend Coverage Ratio over 5 years is 1.26, with a median of 1.31 recorded in 2023.
  • Year-over-year, Dividend Coverage Ratio slumped 68.98% in 2022 and surged 105.76% in 2023.
  • Over 5 years, Dividend Coverage Ratio stood at 0.48 in 2022, then surged by 105.76% to 0.99 in 2023, then soared by 43.57% to 1.42 in 2024, then rose by 6.59% to 1.52 in 2025, then advanced by 5.81% to 1.61 in 2026.
  • Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 1.61 in Q3 2026, 1.39 in Q2 2026, and 1.26 in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Abbott Laboratories 184.57 Bn 178.97 Bn 7.27 Bn 0.84
2 Intuitive Surgical 124.13 Bn 118.91 Bn 1.96 Bn -
3 Medtronic 118.29 Bn 109.47 Bn 6.34 Bn 1.61
4 Stryker 104.60 Bn 101.12 Bn 4.50 Bn 3.79
5 Boston Scientific 66.50 Bn 65.97 Bn 3.85 Bn -
6 Edwards Lifesciences 49.72 Bn 45.46 Bn 1.35 Bn -
7 Alcon 33.97 Bn 32.51 Bn 1.68 Bn -
8 Dexcom 32.23 Bn 30.29 Bn 830.00 Mn -
9 Steris 21.16 Bn 20.68 Bn 684.20 Mn 3.27
10 Zimmer Biomet Holdings 18.18 Bn 17.77 Bn 1.54 Bn 4.29
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.61
Apr 24, 2026 1.39
Jan 23, 2026 1.26
Oct 24, 2025 1.52
Jul 25, 2025 1.15
Apr 25, 2025 1.18
Jan 24, 2025 1.45
Oct 25, 2024 1.42
Jul 26, 2024 1.17
Apr 26, 2024 0.72
Jan 26, 2024 1.46
Oct 27, 2023 0.99
Jul 28, 2023 0.87
Apr 28, 2023 1.31
Jan 27, 2023 1.36
Oct 28, 2022 0.48
Jul 29, 2022 1.03
Apr 29, 2022 1.77
Jan 28, 2022 1.75
Oct 29, 2021 1.55