Is Medtronic's Dividend Safe?

For not just years but decades, Medtronic (NYSE: MDT) has proven to be a reliable dividend growth stock to own. Let's take a closer look at whether Medtronic's dividend is safe and if you can comfortably rely on its payout for the foreseeable future. A stock's payout ratio is a key metric that dividend investors will focus on when assessing if the payout is sustainable.