5 Best Dividend Aristocrat Stocks To Buy Now

4. Medtronic plc (NYSE:MDT)

Dividend Yield: 3.63%

Number of Hedge Fund Holders: 60

Medtronic plc (NYSE:MDT) is one of the best dividend aristocrat stocks to buy now.

On June 5, Cardiovascular intelligence software company Retia Medical expanded its commercial relationship with Medtronic plc (NYSE:MDT) to include the distribution of Argos Cardiac Output Monitor.  Medtronic is to help Retia expand into new markets and bring its hemodynamic monitoring technology to clinicians managing high-risk surgical and critically ill patients.

The integration of Medtronic’s Acute Care & Monitoring Technologies, such as INVOS and accurate hemodynamic monitoring, will help clinicians personalize care in high-risk surgical and critically ill patients.  The Argos Cardiac Output Monitor will also expand the company’s portfolio while providing meaningful cardiovascular insights.

Medtronic and Retia have set their sights on the European market, as it is one of the most important critical care markets, having built a strong clinical foundation in the US.

Medtronic plc (NYSE:MDT) is a global healthcare technology leader that engineers and manufactures medical devices and therapies to treat over 70 health conditions. Their technologies range from pacemakers and insulin pumps to surgical robotics, improving lives for millions worldwide.