Medtronic (MDT) Reports Highest Annual Revenue Growth in Decade

Published on · Source: finance.yahoo.com

Medtronic (MDT) Reports Highest Annual Revenue Growth in Decade

AI Summary

Summarized by AI from the source below

Medtronic (MDT) reported its highest annual revenue growth in a decade, signaling a potential recovery after years of profitability challenges. The company boasts a 49-year dividend growth streak and currently offers a dividend yield of 3.5%. Conversely, Realty Income (O), a REIT, has maintained a 5.2% dividend yield, increasing its dividend for 31 consecutive years, making it attractive amid market volatility. Investor interest in reliable dividend stocks remains strong as corrections loom in the broader market.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

About Medtronic plc (MDT)

Medtronic is one of the world’s largest medical-device makers.

The Health Care sector covers pharmaceutical, biotech, device and managed-care companies.

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