Medtronic plc.

MDT
HealthcareDividend Aristocrat
$90.68
3.14%Fair Value

Medtronic plc. (MDT) is a Healthcare company that currently yields 3.14% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $79.03 and the overvaluation threshold at $125.68. Medtronic plc. holds a quality score of 40/100 (Average), reflecting 25 consecutive years of dividend growth with a 76% payout ratio. The 5-year dividend CAGR stands at 4.4%.

MDT Dividend Yield History — Weiss Valuation

Underval. $79.03Overval. $125.68

Distance to undervalued

Waiting for a better entry

Needs about 12.8% downside to reach the Weiss buy zone

Undervaluation starts near $79.03, where the annual dividend would imply roughly 3.61% yield. That is 0.46% above today's yield.

Buy-zone price

$79.03

Target yield

3.61%

Research checklist

What to clear before buying the yield

Updated Aug 12, 2026

Dividend durability

25Y

Long dividend history supports a deeper look.

Earnings payout

76%

Coverage deserves a closer look in filings.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

4.4%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-112026-08-12

Price

+1.4%

$89.41 $90.68

Price rose 1.4% since the prior snapshot.

Quality score

-5

45/100 40/100

Quality score weakened by 5 points.

Why Now?

Medtronic plc. is trading at a fair valuation relative to its dividend history.

Current yield 3.1% vs historical max 3.6% (87% of maximum).

7 years of uninterrupted dividends.

Elevated payout ratio of 76%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 40/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

MDT Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$328

Year 10 Income

$683

Yield on Cost

7.16%

Total Income

$4,820

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

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MDT Dividend Quality Score

Quality Score

40/ 100

Average

Payout Ratio5/25
Dividend Streak12/25
Growth (CAGR 5Y)8/20
Yield vs History15/15
FCF Coverage0/15

Key Metrics

Current Price$90.68
Annual Dividend$2.85
Current Yield3.14%
Yield — Max (10Y)3.62%
Yield — Min (10Y)2.23%
Undervalued Below$79.03
Overvalued Above$125.68
Payout Ratio76.14%
CAGR Dividend 5Y4.4%
CAGR Dividend 10Y7.0%
Years No Cut7y

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25
consecutive years of dividend growth