From Yahoo Finance: 2025-03-30 19:20:00

The article discusses the top 15 Dividend Aristocrat stocks with over 3% yield, focusing on Medtronic plc’s position. Dividend aristocrats are companies that have increased payouts for 25 consecutive years. These stocks offer both capital growth and dividend income, outperforming the market with lower volatility. Medtronic plc reported strong earnings and cash flow, with a 47-year consistent dividend growth streak.

Medtronic plc (NYSE:MDT) offers a quarterly dividend of $0.70 per share with a 3.19% dividend yield as of March 29. The company’s solid financial position and consistent dividend growth make it a strong investment choice. Hedge funds are showing interest in MDT, with 67 funds holding stakes worth over $3.55 billion. Medtronic plc ranks 13th on the list of best dividend aristocrat stocks.

Despite MDT’s potential, there are deeply undervalued dividend stocks that may offer higher returns in a shorter timeframe. Investors looking for promising dividend stocks should consider exploring other options. Medtronic plc is on track to become a Dividend King in three years, showcasing its stability and growth potential in the market.



Read more at Yahoo Finance: Among the Best Dividend Aristocrat Stocks with Over 3% Yield