Cochlear Limited (ASX: COH) Share Price and News
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Cochlear Limited (COH) is a global leader in implantable hearing devices. The company manufactures and distributes cochlear implantable devices for hearing impaired.
Based in Sydney, Cochlear has operations in more than 20 countries, distributing its products in America, Asia Pacific, Europe, the Middle East and Africa. It offers three main products: Cochlear implants, Baha bone conduction implants and Cochlear Wireless Accessories.
Cochlear was formed in 1981, with COH shares first listing on the ASX almost 15 years later in 1995. Since then, the Cochlear share price has risen exponentially and the company is now one of the largest-listed companies on the ASX.
Cochlear Limited (ASX: COH) Latest News
Phil Harpur | June 18, 2020 6:07pm
The coronavirus caused a sharp reduction in elective surgeries, but numbers are improving. Is the Cochlear share price in the buy zone? More »
Rhys Brock | June 18, 2020 4:57pm
These 3 ASX growth companies might still be trading at bargain prices even after the recent post-coronavirus rally. More »
James Mickleboro | June 16, 2020 5:39pm
Could these small cap ASX healthcare shares be the next Ramsay Health Care Limited (ASX:RHC) and Cochlear Limited (ASX:COH)? More »
James Mickleboro | June 12, 2020 8:41am
Here's why I would invest $3,000 into Aristocrat Leisure Limited (ASX:ALL) and these top ASX growth shares right now... More »
James Mickleboro | June 8, 2020 1:11pm
I think investors ought to consider buying and holding Cochlear Limited (ASX:COH) and these ASX 200 shares until at least 2030. Here's why... More »
James Mickleboro | May 28, 2020 11:39am
Westpac Banking Corp (ASX:WBC) believes the cash rate will stay on hold until at least the end of 2023, so invest $10,000 into these ASX shares... More »
James Mickleboro | May 21, 2020 1:34pm
$5,000 investments into Altium Limited (ASX:ALU) and these ASX 200 shares could put you on a path to becoming a millionaire... More »
Will Cochlear pay a dividend in 2020?
Cochlear typically pays twice yearly dividends in April and October. Over the past five years, the company’s dividends have all been fully franked. Prior to this, Cochlear’s dividends varied between fully franked and partially franked with only one dividend over this time being 100% unfranked. Cochlear’s last interim dividend of $1.60 per share was paid on 17 April 2020. The medical devices company has an impressive dividend payment history dating back to 1997. In March 2020, however, Cochlear withdrew its FY20 earnings guidance and announced a capital raising to enhance its liquidity. This was following the negative impacts of COVID-19 on its revenue streams. It also announced suspension of the company’s dividend until trading conditions improve.
Does Cochlear offer a DRP?
At at 17 June 2020, Cochlear does not offer a dividend reinvestment plan.