Medtronic's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Medtronic (NYSE:MDT) announced a quarterly dividend of 69 cents per share, with the ex-dividend date set for Thursday. Shareholders owning MDT by the end of Wednesday are eligible for the dividend, payable on April 12, 2024. The stock is expected to open 69 cents lower on the ex-dividend date.
March 18, 2024 | 2:45 pm
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Medtronic announces a quarterly dividend of 69 cents per share, with the ex-dividend date this Thursday. Eligible shareholders must own the stock by Wednesday. Dividend payable on April 12, 2024.
The stock is expected to open lower on the ex-dividend date due to the dividend payout, which typically leads to a short-term price adjustment. This is a common occurrence when stocks go ex-dividend, reflecting the payout amount.
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