Graco Inc., Minneapolis, declared a regular quarterly dividend of 30 cents per common share, payable on May 6 to shareholders of record on April 20. The company has approximately 59 million shares outstanding.

Medtronic PLC, Fridley, approved a cash dividend of 30.5 per ordinary share, conditioned on receipt of Irish Court administrative approval expected to be received by early March 2015. The dividend is payable April 17 to shareholders of record on March 30. The quarterly dividend represents a 9 percent increase over the prior year.