Cochlear Limited (COH) To Go Ex-Dividend on September 16th

Cochlear Limited (ASX:COH) declared a final dividend on Friday, September 13th, MarketIndexAU reports. Shareholders of record on Wednesday, October 9th will be paid a dividend of 2.10 per share on Wednesday, October 9th. This represents a yield of 0.72%. The ex-dividend date is Monday, September 16th. This is an increase from Cochlear’s previous final dividend of $1.75.

Cochlear Stock Performance

The company has a quick ratio of 1.93, a current ratio of 2.30 and a debt-to-equity ratio of 13.24.

Insider Buying and Selling at Cochlear

In other news, insider Christine McLoughlin acquired 250 shares of Cochlear stock in a transaction that occurred on Thursday, August 22nd. The shares were acquired at an average price of A$305.57 ($203.71) per share, for a total transaction of A$76,392.00 ($50,928.00). In other Cochlear news, insider Christine McLoughlin bought 250 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were acquired at an average cost of A$305.57 ($203.71) per share, for a total transaction of A$76,392.00 ($50,928.00). Also, insider Karen Penrose purchased 100 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was acquired at an average price of A$298.34 ($198.89) per share, with a total value of A$29,834.00 ($19,889.33). Insiders have purchased 493 shares of company stock worth $141,059 over the last quarter. Corporate insiders own 0.56% of the company’s stock.

About Cochlear

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.