Here's How Many Shares of Medtronic You Need to Own to Get $1,000 in Yearly Dividends

If you're a dividend investor, I can understand why -- because dividend-paying stocks offer a triple upside: As long as the underlying company is healthy and growing, its stock price will likely increase over time. It will deliver value to shareholders via a cash distribution, as well, in the form of dividends. And those dividends will likely increase over time, too. It's hard to beat all that.Medical device specialist Medtronic (NYSE: MDT) has long been a solid dividend stock -- and it has upped its payout for nearly 50 years in a row. It recently sported a dividend yield of 3.2%, meaning that if you have, say, $1,000 invested in Medtronic, you can expect to collect about $32 in dividends over the year.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool