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.
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
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.
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Source: Medtronic, Inc. via Thomson Reuters ONE