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Medtronic (MDT) Dividend Forecast & DRIP Calculator

Project future dividend income from Medtronic (MDT) based on its 4.4% historical CAGR. Toggle DRIP, add monthly contributions, and set custom growth assumptions.

Investment, stock price, and share count are tied together (investment = shares × price). Editing one updates the others so they stay in sync.

Default reflects historical 5Y CAGR (~4.4%).

Initial dividend yield
3.634%

Based on current price and annual dividend.

%

Results After 10 Years

Total Portfolio Value

$2,328.88132.9%

Annual Dividend Income

$80.07103.4%

Monthly Dividend Income

$6.67103.4%

Yield on Cost

8.01%

Total Return Breakdown

$2,329 (+132.9%)

Initial Investment

$1,000

42.9%

Additional Investments

$0

0.0%

Dividends

$564

24.2%

Stock Price Growth

$765

32.8%

Growth Projections

Total Portfolio Value ($)

Annual Dividend Income ($)

Monthly Dividend Income ($)

Yield on Cost (%)

Detailed Projections

  • Year 0

    Portfolio value
    $1,000.00
    Shares
    12.80
    Annual DPS
    $2.8400
    Annual dividend
    $36.34
    Yield on cost
    3.63%
    Stock price
    $78.15
    Total profit
    $0.00
  • Year 1

    Portfolio value
    $1,089.19
    Shares
    13.27
    Annual DPS
    $2.9655
    Annual dividend
    $39.36
    Yield on cost
    3.94%
    Annual investment
    $38.48
    Stock price
    $82.06
    Total profit
    $89.19
  • Year 2

    Portfolio value
    $1,186.09
    Shares
    13.77
    Annual DPS
    $3.0966
    Annual dividend
    $42.63
    Yield on cost
    4.26%
    Annual investment
    $41.68
    Stock price
    $86.16
    Total profit
    $186.09
  • Year 3

    Portfolio value
    $1,291.36
    Shares
    14.27
    Annual DPS
    $3.2335
    Annual dividend
    $46.15
    Yield on cost
    4.62%
    Annual investment
    $45.13
    Stock price
    $90.47
    Total profit
    $291.36
  • Year 4

    Portfolio value
    $1,405.68
    Shares
    14.80
    Annual DPS
    $3.3764
    Annual dividend
    $49.96
    Yield on cost
    5.00%
    Annual investment
    $48.86
    Stock price
    $94.99
    Total profit
    $405.68
  • Year 5

    Portfolio value
    $1,529.83
    Shares
    15.34
    Annual DPS
    $3.5256
    Annual dividend
    $54.08
    Yield on cost
    5.41%
    Annual investment
    $52.89
    Stock price
    $99.74
    Total profit
    $529.83
  • Year 6

    Portfolio value
    $1,664.61
    Shares
    15.89
    Annual DPS
    $3.6815
    Annual dividend
    $58.52
    Yield on cost
    5.85%
    Annual investment
    $57.24
    Stock price
    $104.73
    Total profit
    $664.61
  • Year 7

    Portfolio value
    $1,810.92
    Shares
    16.47
    Annual DPS
    $3.8442
    Annual dividend
    $63.31
    Yield on cost
    6.33%
    Annual investment
    $61.93
    Stock price
    $109.96
    Total profit
    $810.92
  • Year 8

    Portfolio value
    $1,969.69
    Shares
    17.06
    Annual DPS
    $4.0141
    Annual dividend
    $68.48
    Yield on cost
    6.85%
    Annual investment
    $67.00
    Stock price
    $115.46
    Total profit
    $969.69
  • Year 9

    Portfolio value
    $2,141.97
    Shares
    17.67
    Annual DPS
    $4.1915
    Annual dividend
    $74.05
    Yield on cost
    7.41%
    Annual investment
    $72.46
    Stock price
    $121.24
    Total profit
    $1,141.97
  • Year 10

    Portfolio value
    $2,328.88
    Shares
    18.29
    Annual DPS
    $4.3768
    Annual dividend
    $80.07
    Yield on cost
    8.01%
    Annual investment
    $78.36
    Stock price
    $127.30
    Total profit
    $1,328.88

Projected dividend income: DRIP vs no DRIP

Final-year advantageExtra income +$24.07 (43.0% vs no DRIP)Without DRIPWith DRIP
Projected dividend income: DRIP vs no DRIP
YearWithout DRIP ($)With DRIP ($)
137.9539.36
239.6242.63
341.3846.15
443.2049.96
545.1154.08
647.1158.52
749.1963.31
851.3668.48
953.6374.05
1056.0080.07

How much do you need?

How much do you need to invest to reach your dividend income goal?

Yield on cost

Illustrative only — not financial advice. Uses the same dividend growth rate as the projection you just ran (from Calculate). If dividend per share grows at that rate and cost basis is unchanged, forward yield on today's investment compounds as shown (not a price or total-return forecast).

YearsYield on cost
13.79%
34.14%
54.51%
105.60%
156.95%
208.63%

Frequently asked questions

How much dividend income will Medtronic pay in 10 years?

Based on a $1,000 investment with 4.4% annual dividend growth, Medtronic (MDT) could generate $80.07/year in dividend income after 10 years (with DRIP enabled).

What is Medtronic's projected dividend growth rate?

Medtronic (MDT) has grown its dividend at a 4.4% annual rate over the past 5 years. This historical CAGR is used as the default projection but can be adjusted in the calculator.

How does DRIP work with Medtronic dividends?

DRIP (Dividend Reinvestment Plan) automatically reinvests dividends into additional Medtronic shares. Over time, this compounds returns because you earn dividends on your reinvested dividends, significantly increasing total income.

How much do I need to invest in Medtronic to make $1,000/month in dividends?

At Medtronic's current yield of 3.63%, you would need a lump-sum investment of approximately $330,211 to generate $1,000/month in dividends. Use the Goal Calculator above for detailed scenarios.

Are these dividend projections guaranteed?

No. All projections are based on historical dividend growth rates and current yields. Companies can cut, suspend, or increase dividends at any time. Past performance does not guarantee future results.