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Medtronic Announces Cash Dividend for Second Quarter of Fiscal Year 2014


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-08-22 22:16:02 -

MINNEAPOLIS - August 22, 2013 - The board of directors of Medtronic, Inc.
(NYSE:MDT) today approved a cash dividend of $0.28 per share of the company's
common stock. The quarterly dividend represents a 7.7 percent increase over the
prior year. The dividend is payable on October 25, 2013, to shareholders of
record at the close of business on October 4, 2013. Medtronic, a constituent of
the S&P 500 Dividend Aristocrat index, has committed to returning 50 percent of
its free cash flow to shareholders through dividends and share repurchases.

About Medtronic
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global
leader in medical technology - alleviating pain, restoring health, and extending
life for millions of people around the world.

Any forward-looking statements are subject to risks and uncertainties such as
those described 
in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results. Medtronic does not undertake to update its forward-looking statements. -end- Contacts: Cindy Resman Public Relations +1-763-505-0291 Jeff Warren Investor Relations +1-763-505-2696 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Medtronic, Inc. via Thomson Reuters ONE [HUG#1724536]


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