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Medtronic plc (MDT) announced today that they are increasing the dividend by 7% to an annualized yield of 2.1%. As a dividend aristocrat it has a great track record of paying and increasing dividends, but does this make MDT attractive at its current price level?
A global computer outage has struck Medtronic, affecting order-taking and manufacturing at the med-tech giant. The Star Tribune reports on the problem , which apparently struck Medtronic (MDT) earlier this week. By Thursday, a spokesman said, Medtronic had restored its "fundamental system" and was bringing it back online.