By Mill Chart
Last update: Jul 11, 2024
MEDTRONIC PLC (NYSE:MDT) has caught the attention of dividend investors as a stock worth considering. NYSE:MDT excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.
ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:MDT was assigned a score of 7 for dividend:
ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:MDT, the assigned 5 for health provides valuable insights:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:MDT has earned a 7 out of 10:
Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.
Our latest full fundamental report of MDT contains the most current fundamental analsysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
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MEDTRONIC PLC (NYSE:MDT) offers a strong 3.31% dividend yield, reliable payout history, and solid profitability, making it a compelling choice for dividend investors.