Shares of Medtronic PLC were headed higher Thursday, after the medical device and therapies company extended its streaks of quarterly earnings beats and annual dividend increases.
The company also provided a fiscal 2025 outlook that was in line with current Wall Street forecasts
Medtronic has raised its dividend for 47 straight years, with the implied dividend yield more than double that of the S&P 500
Heading to sea level. Considering pausing ESPP and
invest in Medtronic AI partners: NVDA/MSFT/AMZN.
And today the stock tanked once again
Fake news!
Wow I didn't realize a 5% decrease was such a good thing, thanks for enlightening me OP! I am so grateful for GM and KP driving this once great company into the ground to financially engineer the extraordinary.
As God as my witness, I thought turkeys could fly!
I didn't know Geoff posted in here!
Well this post didn't age well.
Stock tanking today on weak outlook. The street does not trust Geoff and Karen, period.
The dividend wrecked this once great company
Yup f*** GE
If the dividend was not raised, or god forbidden lowered, the stock price would crater, worse than it already is.
This tactic is part of playbook with the financial engineering that GE was famous for, and passed through to MDT. And before anyone says ‘look at GE stock now!’, just remember they were threatened to be delisted just a few years ago and now it’s split into 3 avenues. Not saying that is the direction that MDT is heading…..but if it quacks like a duck, walks like a duck, then it’s……
High dividend with mediocre performance signals of a desperate company
Wall Street hates Marta almost as much as I do. Zero trust in the guy no matter how much he manipulates the numbers. If a year of beating guidance and a raise to the expected earnings still results in a major loss you know we are in serious trouble. Geoff speaking with his gang of clowns “Nothing another layoff can’t fix”. Just give them their golden parachutes and move in a bunch of blind monkeys, we can’t do any worse.
Stock is now down 4%, well done GM and KP! Financially engineering the extraordinary!
If the future is so bright, why did we do layoffs?
Spoke too soon, now down 2% premarket
Down 1% premarket! LOL
Great to see them give away all of our hard work to greedy shareholders in the form of a dividend, rather than reinvest in the company's innovation and its employees. They don't care about you.