Medtronic Increases Quarterly Dividend To $0.70 From $0.69
Portfolio Pulse from Benzinga Newsdesk
Medtronic has announced an increase in its quarterly dividend from $0.69 to $0.70.
May 23, 2024 | 10:50 am
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Medtronic has announced an increase in its quarterly dividend from $0.69 to $0.70, signaling confidence in its financial stability and commitment to returning value to shareholders.
The increase in the dividend, although modest, indicates Medtronic's confidence in its financial health and its commitment to providing value to shareholders. This is likely to have a positive short-term impact on the stock price as it may attract income-focused investors.
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