Cochlear Limited (OTCMKTS:CHEOY) to Issue Dividend Increase – $0.62 Per Share

Cochlear Limited (OTCMKTS:CHEOYGet Free Report) declared a dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Friday, March 21st will be paid a dividend of 0.6165 per share on Tuesday, April 29th. The ex-dividend date is Friday, March 21st. This is a 332.9% increase from Cochlear’s previous dividend of $0.14.

Cochlear Stock Down 0.9 %

Shares of OTCMKTS CHEOY opened at $84.61 on Wednesday. Cochlear has a 1 year low of $77.93 and a 1 year high of $115.85. The firm’s 50-day moving average is $90.76 and its 200-day moving average is $94.23.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on shares of Cochlear in a research note on Thursday, January 16th. They issued a “neutral” rating on the stock.

Read Our Latest Stock Analysis on CHEOY

Cochlear Company Profile

(Get Free Report)

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.

See Also

Dividend History for Cochlear (OTCMKTS:CHEOY)

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