Cochlear Limited (ASX:COH – Get Free Report) insider Dig Howitt sold 2,314 shares of Cochlear stock in a transaction on Friday, September 13th. The stock was sold at an average price of A$288.92 ($195.22), for a total transaction of A$668,560.88 ($451,730.32).
Cochlear Stock Performance
The company has a debt-to-equity ratio of 13.24, a quick ratio of 1.93 and a current ratio of 2.30.
Cochlear Increases Dividend
The company also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be given a dividend of $2.10 per share. This is a positive change from Cochlear’s previous Final dividend of $1.75. The ex-dividend date of this dividend is Monday, September 16th. This represents a yield of 0.72%. Cochlear’s payout ratio is 77.21%.
Cochlear Company Profile
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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