Dividend Announcement Thread!

[fenders53]

(05-21-2020, 01:18 PM)EricL Wrote:

(05-21-2020, 12:02 PM)fenders53 Wrote:

(05-21-2020, 11:58 AM)EricL Wrote: Medtronic (NYSE:MDT) declares $0.58/share quarterly dividend, 7.4% increase from prior dividend of $0.54.

Forward yield 2.37%

Payable July 17; for shareholders of record June 26; ex-div June 25.

That's good news.  The earnings were are as horrid as I expected.  Time to get those elective surgeries going again.

Was more than I was expecting considering the earnings drop and elevated payout ratio.

Revenues are down 20% or more in almost every category.  It wasn't good and far worse than the drug companies.  They would have been crushed if the SP wasn't depressed already.  Yeah they made the overall numbers close  enough but the accounting tricks are in play when necessary. I am bashing one of my core holdings. That wasn't pretty if you dig in past the headline.