Cochlear Limited (ASX:COH) Announces Interim Dividend of $2.00

Cochlear Limited (ASX:COHGet Free Report) declared a interim dividend on Monday, March 18th, MarketIndexAU reports. Shareholders of record on Sunday, April 14th will be paid a dividend of 2.00 per share on Sunday, April 14th. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, March 20th. This is an increase from Cochlear’s previous interim dividend of $1.55.

Cochlear Price Performance

The company has a current ratio of 2.57, a quick ratio of 1.93 and a debt-to-equity ratio of 11.60.

Insider Activity at Cochlear

In related news, insider Dig Howitt 279 shares of the firm’s stock in a transaction on Tuesday, March 12th. Corporate insiders own 0.55% of the company’s stock.

About Cochlear

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Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.

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Dividend History for Cochlear (ASX:COH)

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