Added to YB: 2025-07-11
Pitch date: 2025-07-10
MDT [neutral]
Medtronic plc
+9.65%
current return
Author Info
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Company Info
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.
Market Cap
$129.8B
Pitch Price
$91.08
Price Target
95.81 (-4%)
Dividend
2.80%
EV/EBITDA
15.27
P/E
27.44
EV/Sales
4.34
Sector
Health Care Equipment and Supplies
Category
dividend
One High-Yield Dividend Stock for Safe, Growing Passive Income
MDT: Dividend Eagle with 48 years of consecutive increases, yielding 3.1% (vs S&P's 1.2%). Stable financials (98/99 score), 5.2% revenue growth expected for 2024. Major investments in cardiac devices ($785M), diabetes ($612M), and surgical tech ($453M). Undervalued vs peers with strong institutional backing from Vanguard (8.7%), BlackRock (7.3%).
Read full article (7 min)