Medtronic: raises dividend with quarterly results
(CercleFinance.com) - On the occasion of the publication of its Q4 results, Medtronic said that it is raising its quarterly dividend to 0.
68 dollar per share, up 8% y-o-y to 2.72 dollars.
The dividend will be payable on 15 July to shareholders on record on 24 June.
The medical equipment supplier's Q4 adjusted EPS rose 2% to 1.52 dollar on sales of 8.1 billion dollars, down 1% as reported and up 1% on an organic basis.
Posting FY 2021-22 adjusted EPS of 5.55 dollars, with organic sales growth of 5%, Medtronic is targeting guidance ranges of 5.53-5.65 dollars and 4-%5% respectively for the year ahead.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
68 dollar per share, up 8% y-o-y to 2.72 dollars.
The dividend will be payable on 15 July to shareholders on record on 24 June.
The medical equipment supplier's Q4 adjusted EPS rose 2% to 1.52 dollar on sales of 8.1 billion dollars, down 1% as reported and up 1% on an organic basis.
Posting FY 2021-22 adjusted EPS of 5.55 dollars, with organic sales growth of 5%, Medtronic is targeting guidance ranges of 5.53-5.65 dollars and 4-%5% respectively for the year ahead.
Copyright (c) 2022 CercleFinance.com. All rights reserved.