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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |