Medtronic Delivering Dividends Through Emerging Markets
Typically, when you think of medical device companies focusing on the eastern part of the globe, you think of the relocation of manufacturing to lower cost through cheaper labor and supplies. Due to a growing middle class, China and India are no longer just a cheap labor play for U.S. outsourcing but a growing consumer base that will purchase more health services in the future. One of the best plays on this emerging growth trend is Medtronic, Inc. (MDT).
Known as a prolific dividend grower, Medtronic is one of the world s leading medical technology companies, specializing in implantable and interventional therapy devices and products. Medtronic is positioning itself to profit from the international growth of medical devices which will improve earnings per share ([EPS)) and provide more dividend increases in the future.
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