MINNEAPOLIS, Aug 25, 2011 (BUSINESS WIRE) --

The board of directors of Medtronic, Inc. (NYSE:MDT) today approved a cash dividend of $0.2425 per share of the Company's common stock. The dividend is payable on October 28, 2011, to shareholders of record at the close of business on October 7, 2011.

About Medtronic
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results. Medtronic does not undertake to update its forward-looking statements.

SOURCE: Medtronic, Inc.

Medtronic, Inc.
Public Relations:
Steve Cragle, 763-505-2796
or
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Jeff Warren, 763-505-2696