How Much Would It Take To Earn $100 A Month From Medtronic Stock

Medtronic MDT develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide.

The 52-week range of Medtronic stock price was $75.96 to $96.25.

Medtronic's dividend yield is 3.50%. It paid $2.84 per share in dividends during the last 12 months.

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The Latest On Medtronic

On May 21, the company announced its Q4 2025 earnings, posting revenues of $8.93 billion, beating the consensus of $8.82 billion, as reported by Benzinga. Adjusted EPS of $1.62 came in above the consensus estimate of $1.58.

Medtronic expects its full-year 2026 organic revenue growth guidance of 5%. The company expects 2026 adjusted EPS in the range of $5.50 to $5.60, below the consensus of $5.83.

Check out this article by Benzinga for five analysts' insights on Medtronic.

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How Can You Earn $100 Per Month As A Medtronic Investor?

If you want to make $100 per month — $1,200 annually — from Medtronic dividends, your investment value needs to be approximately $34,286, which is around 422 shares at $81.18 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.50% in this case). So, $1,200 / 0.035 = $34,286 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Medtronic stock an attractive option for making a steady income of $100 per month by owning 422 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Medtronic has raised its dividend consecutively for the last 48 years. 

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Image: Shutterstock

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