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Medtronic (MDT -2.4%) raises its annual dividend 8% and adds another 75M shares in buyback...

Jun. 23, 2011 12:46 PM ETMedtronic plc (MDT) StockMDTBy: Jason Aycock, SA News Editor

Medtronic (MDT -2.4%) raises its annual dividend 8% and adds another 75M shares in buyback authorization (about 7% of outstanding shares). In five years, the company's dividend has doubled, and it's completed $9B in share repurchases over six years.

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