On Thursday, Medtronic (NYSE:MDT) declared its quarterly dividend of 24.25 cents per share, an increase of about 8% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.6% going forward.
Shares of Medtronic were lower in afternoon trading, falling 1.8% so far.
In other dividend news, Bristol Myers Squibb (NYSE:BMY) maintained its quarterly dividend of 33 cents per share. SL Green Realty (NYSE:SLG) maintained its quarterly dividend of 10 cents per share. NSTAR (NST) maintained its quarterly dividend of 42.5 cents per share. And Lennar (NYSE:LEN) maintained its quarterly dividend of 4 cents per share.
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