Here’s How You Can Earn $100 In Passive Income By Investing In Medtronic Stock
October 4, 2025
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Medtronic plc (NYSE:MDT) is a global healthcare technology leader that designs, develops, manufactures, and sells device-based medical therapies and services to treat a wide range of health conditions.
It will report its Q2 2026 earnings on Nov. 18. Wall Street analysts expect the company to post EPS of $1.31, up from $1.26 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $8.85 billion, up from $8.40 billion a year earlier.
The 52-week range of Medtronic stock price was $79.29 to $96.25.
Medtronic’s dividend yield is 2.98%. It paid $2.84 per share in dividends during the last 12 months.
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The company on Aug. 19 announced its Q1 2026 earnings, posting adjusted EPS of $1.26, compared to the consensus estimate of $1.23, and revenues of $8.58 billion, compared to the consensus of $8.38 billion, as reported by Benzinga.
“We delivered another consistent quarter of mid-single digit organic revenue growth, with broad strength from several innovative product categories, including Pulsed Field Ablation, Transcatheter Valves, Neuromodulation, Diabetes, and Leadless Pacing,” said CEO Geoff Martha. “We’re confident and well positioned to accelerate our revenue growth in the second half of our fiscal year, as we make meaningful progress on our major growth drivers.”
Medtronic raised its full-year 2026 diluted non-GAAP EPS guidance to the new range of $5.60 to $5.66 versus the prior range of $5.50 to $5.60.
Check out this article by Benzinga for seven analysts’ insights on Medtronic.
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If you want to make $100 per month — $1,200 annually — from Medtronic dividends, your investment value needs to be approximately $40,268, which is around 423 shares at $95.24 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 (2.98% in this case). So, $1,200 / 0.0298 = $40,268 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 423 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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This article Here’s How You Can Earn $100 In Passive Income By Investing In Medtronic Stock originally appeared on Benzinga.com
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