Dividend Stocks

Investing In Stocks For The Sake Of Cash Flow

Medtronic 2011 Q4 Results

Medtronic failed to hit earnings this quarter as they reported a 19% drop in fourth-quarter profits.  The company earned $776 million or 72 cents per share in the quarter.  Charges related to lay-offs in the range of $198 million hurt profits and excluding these items, the company earned more like 90 cents per share. Sales rose 2 percent in the quarter from $4.2 billion to $4.3 billion. The 2012 guidance is pretty light as well as provided by Medtronic forecasting revenue growth of 1 to 3 Read more [...]

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Read more on Medtronic, Lingui Development at Wikinvest

Added Medtronic To Dividend Portfolio

I have added another stock to the dividend portfolio in the medical device company, Medtronic, Inc. (MDT).  This is a great company with a long track record, and a dominant position in a number of medical device businesses.  Be sure to check out the detailed page on Medtronic to see why I like the company and at what price I’m willing to invest new money.