On August 23, 2021 The board of directors of Medtronic plc (NYSE: MDT) reported that approved the fiscal year 2022 second quarter cash dividend of $0.63 per ordinary share, representing a 9 percent increase over the prior year (Press release, Medtronic, AUG 23, 2021, View Source [SID1234586827]). This quarterly declaration is consistent with the dividend announcement made by the company in May 2021. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 44 consecutive years. The dividend is payable on October 15, 2021, to shareholders of record at the close of business on September 24, 2021.

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