Cochlear Limited (OTCMKTS:CHEOY – Get Free Report) declared a dividend on Saturday, February 22nd, NASDAQ Dividends reports. Shareholders 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 %
OTCMKTS CHEOY traded down $1.90 during trading on Friday, hitting $84.68. The company had a trading volume of 14,019 shares, compared to its average volume of 12,350. Cochlear has a one year low of $83.50 and a one year high of $115.85. The company’s fifty day moving average is $93.80 and its 200-day moving average is $97.04.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group initiated coverage on shares of Cochlear in a research report on Thursday, January 16th. They issued a “neutral” rating on the 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.
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