MINNEAPOLIS (AP) -- Medical device maker Medtronic Inc. said Thursday it is raising its quarterly dividend to 26 cents from 24.25 cents.
That's an increase of 7.2 percent.
Medtronic said it will pay its next dividend July 27 to shareholders of record as of July 6.
The company said its quarterly dividend has more than doubled over the past five years.
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Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom. Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million
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