Cochlear Limited (OTCMKTS:CHEOY – Get Free Report) announced a dividend on Saturday, February 22nd, 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 positive change from Cochlear’s previous dividend of $0.14.
Cochlear Stock Down 2.2 %
Shares of Cochlear stock opened at $84.68 on Friday. Cochlear has a 1 year low of $83.50 and a 1 year high of $115.85. The stock has a fifty day moving average price of $93.80 and a 200-day moving average price of $96.98.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group initiated coverage on Cochlear in a research report on Thursday, January 16th. They set a “neutral” rating for the company.
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.
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