Cochlear Ltd (ASX: COH) Share Price and News

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Cochlear Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $15.67 billion
P/E Ratio 47.85
Dividend Yield 0.48%
Shares Outstanding 65.77 million
Earnings per share -3.131
Dividend per share 2.80
Year To Date Return 26.60%
Earnings Yield 2.09%
Franking N/A
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as at 24 Feb 3:44pm

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Cochlear Ltd (ASX: COH)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
25 Mar 2021 $1.1500 0.00% Interim 20 Apr 2021
19 Sep 2019 $1.7500 100.00% Final 14 Oct 2019
25 Mar 2019 $1.5500 100.00% Interim 16 Apr 2019
17 Sep 2018 $1.6000 100.00% Final 10 Oct 2018
19 Mar 2018 $1.4000 100.00% Interim 12 Apr 2018
19 Sep 2017 $1.4000 100.00% Final 11 Oct 2017
15 Mar 2017 $1.3000 100.00% Interim 06 Apr 2017
07 Sep 2016 $1.2000 100.00% Final 29 Sep 2016
10 Mar 2016 $1.1000 100.00% Interim 01 Apr 2016
08 Sep 2015 $1.0000 100.00% 01 Oct 2015
03 Mar 2015 $0.9000 35.00% 26 Mar 2015
02 Sep 2014 $1.2700 20.00% Final 25 Sep 2014

COH ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Cochlear Ltd

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.

COH Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
17 Sep 2021 $238.28 $0.16 0.07% 246,631 $240.20 $240.37 $237.00
16 Sep 2021 $238.12 $3.40 1.45% 175,860 $237.98 $239.47 $234.61
15 Sep 2021 $234.72 $4.72 2.05% 124,405 $231.00 $236.36 $229.22
14 Sep 2021 $230.00 $-1.20 -0.52% 124,840 $231.54 $234.36 $227.52
13 Sep 2021 $231.20 $-1.52 -0.65% 108,571 $233.48 $234.82 $229.58
10 Sep 2021 $232.72 $-4.00 -1.69% 132,647 $238.88 $239.95 $232.01
09 Sep 2021 $236.72 $-2.52 -1.05% 105,295 $239.00 $240.20 $235.50
08 Sep 2021 $239.24 $-4.45 -1.83% 149,616 $243.00 $244.38 $238.71
07 Sep 2021 $243.69 $4.80 2.01% 280,711 $239.27 $244.60 $238.89
06 Sep 2021 $238.89 $1.53 0.64% 132,714 $234.85 $238.89 $231.00
03 Sep 2021 $237.36 $4.82 2.07% 157,037 $233.20 $238.49 $233.16
02 Sep 2021 $232.54 $1.24 0.54% 126,138 $232.79 $234.08 $228.43
01 Sep 2021 $231.30 $-1.90 -0.81% 95,594 $232.28 $232.85 $229.56
31 Aug 2021 $233.20 $4.44 1.94% 180,849 $229.50 $234.83 $229.06
30 Aug 2021 $228.76 $1.91 0.84% 105,796 $226.86 $229.50 $226.20
27 Aug 2021 $226.85 $-1.44 -0.63% 167,621 $225.35 $227.28 $222.62
26 Aug 2021 $228.29 $-0.93 -0.41% 115,419 $229.22 $230.49 $226.60
25 Aug 2021 $229.22 $-7.47 -3.16% 188,964 $238.00 $238.00 $229.02
24 Aug 2021 $236.69 $-4.86 -2.01% 161,305 $241.47 $241.97 $236.69
23 Aug 2021 $241.55 $4.50 1.90% 156,847 $236.88 $242.45 $236.37
20 Aug 2021 $237.05 $-19.04 -7.43% 322,200 $241.00 $244.83 $236.15
19 Aug 2021 $256.09 $2.10 0.83% 88,307 $252.02 $257.76 $251.14

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
07 Sep 2021 Dig Howitt Sell 8 $2,132,934
On-market trade.
03 Sep 2021 Dig Howitt Exercise 8 $1,823,734
Exercise of options.
03 Sep 2021 Dig Howitt Buy 8 $1,823,734
Exercise of options.
25 Aug 2021 Christine McLoughlin Buy 232 $53,617
On-market trade.
23 Aug 2021 Dig Howitt Cancelled 1 $305,319
Cancellation of securities. 9,214 - Performance Rights
23 Aug 2021 Dig Howitt Buy 3 $737,935
Conversion of securities.
23 Aug 2021 Dig Howitt Cancelled 26 $6,501,559
Cancellation of securities.
23 Aug 2021 Dig Howitt Exercise 3 $737,935
Conversion of securities. 10,478 - Performance Rights
23 Aug 2021 Christine McLoughlin Buy 168 $40,671
On-market trade.
26 Feb 2021 Catriona Deans Buy 786 $163,825
On-market trade.
21 Oct 2020 Dig Howitt Issued 4 $1,062,703
Issue of securities. 13,533 - Performance Rights
21 Oct 2020 Dig Howitt Issued 21 $4,715,053
Issue of securities.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Christine Frances McLoughlin Non-Executive Director Nov 2020
Ms McLoughlin has served on the boards of a number of ASX50 companies and is a company director with domestic and international experience in financial and health services and telecommunications. She has had ranging experience covering health, insurance, resources, infrastructure and financial services. She is currently Chairman of the Suncorp Group Limited, Chancellor-elect of the University of Wollongong, and is a non-executive director of nib holdings limited.
Mr Michael Grenfell Daniell Non-Executive Director Jan 2020
Mr Daniell has worked in the medical device industry for 40 years and has executive leadership experience. He was Managing Director and CEO of Fisher & Paykel Healthcare Corporation Limited ("Fisher & Paykel Healthcare") from November 2001 to March 2016. Prior to this, Mr Daniell held various technical management and product design roles within Fisher & Paykel Healthcare. Mr Daniell is currently a Non-Executive Director of Fisher & Paykel Healthcare. He is also a Council Member of the University of Auckland and a Non-Executive Director of the Medical Research Commercialisation Fund in Melbourne, Australia. He is also member of Nommination.
Ms Catriona Alison Deans Non-Executive DirectorNon-Executive Chairman Jan 2015
Ms Deans is a company director with experience across a range of industries. During her executive career she held leadership roles as a CEO, strategic advisor and technology investor, including CEO of venture capital firm netus, CEO of technology investment firm ecorp, and was the first CEO of eBay Australia. While a consultant with McKinsey in London and Sydney, she focused on client issues related to innovation and growth. Ms Deans is currently Chair of the Technology & Innovation Committee and a member of Risk and People & Culture Committees of Cochlear. Ms Deans is also serving on the boards of Ramsay Health Care Ltd and Deputy Group Pty Ltd, and on the Investment Committee of MainSequence Ventures (Manager of the CSIRO Innovation Fund). She was formerly on the boards of Insurance Australia Group Limited, Westpac Banking Corporation, ecorp Pty Ltd and Social Ventures Australia.
Mr Andrew Leslie Denver Non-Executive Director Feb 2007
Mr Denver is the member of the Medical Science, Technology & Innovation Committees. He has experience in the life sciences industry. He was the Managing Director of Memtec Limited and President Asia for Pall Corporation. He is the Chairman of SpeeDx and Director, Vaxxas and QBiotics.
Ms Yasmin Anita Allen Non-Executive Director Aug 2010
Ms Allen is a member of the People & Culture, Technology & Innovation Committees. He has a career in investment banking with senior roles in strategic analysis and corporate advice. She was Former Vice President of Deutsche Bank AG. She is the Director, Santos Limited, ASX Limited and National Portrait Gallery, Member of the George Institute for Global Health Board. She is also Chairman, Advance (Global Australian Network) and Acting President, Australian Government Takeovers Panel. he was Director, Insurance Australia Group Limited, National director of the Australian Institute of Company Directors; Member of The Salvation Army Advisory Board; Chair of Macquarie Specialised Asset Management; Director, ANZ Investment Bank and Associate Director, HSBC London.
Mr Glen Francis Boreham Non-Executive Director Jan 2015
Mr Boreham is the Chairman of the People & Culture Committee, Member of the and Technology & Innovation Committees. He led organisations in information technology, new media and the creative industries through periods of rapid change and innovation. Former Managing Director of IBM Australia and New Zealand. He is also Director, Southern Cross Media Group and Link Group. Chairman, Advisory Board IXUP. He was Director of Data#3. Chairman of Screen Australia, Advance (Global Australian Network), Business School and Industry Advisory Board for the University of Technology, Sydney. He is also the member of Audit & Risk committee.
Professor Bruce Gregory Robinson Non-Executive Director Dec 2016
Professor Robinson is the Chairman of Medical Science Committee, member of the People & Culture and Technology & Innovation Committees. He has over 20 years leadership experience as an academic physician/scientist across research, healthcare and medicine, and tertiary education. He was former Dean, The University of Sydney's Sydney Medical School, Head of Medicine at Sydney's Royal North Shore Hospital and Head of the Cancer Genetics Laboratory at the Kolling Institute for Medical Research. He is the Chairman, National Health and Medical Research Council and Medical Benefits Schedule Review Taskforce, Director, MaynePharma and QBiotics. He is also member of Nomination Committee.
Mr Dig Howitt PresidentChief Executive OfficerManaging Director Jul 2017
Mr Howitt has experience across the Company in roles including Chief Operating Officer, SVP, Manufacturing and Logistics and President, Asia Pacific. Prior to joining Cochlear, he worked for Boral and Boston Consulting Group. He is a member of the Medical Science and Technology & Innovation Committees
Mr Ray Jarman Company Secretary Feb 2017
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Ray Jarman Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 28,405,386 43.24%
J P Morgan Nominees Australia Pty Limited 11,371,030 17.31%
Citicorp Nominees Pty Limited 4,113,509 6.26%
National Nominees Limited 1,682,907 2.56%
BNP Paribas Noms Pty Ltd <DRP> 1,540,107 2.34%
BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> 1,132,094 1.72%
HSBC Custody Nominees (Australia) Limited GSCO ECA 738,643 1.12%
Australian Foundation Investment Company Limited 323,715 0.49%
HSBC Custody Nominees (Australia) Limited (NT Comnwlth Super CORP) 300,693 0.46%
Netwealth Investments Limited <Wrap Services A/C> 231,860 0.35%
Citicorp Nominees Pty Limited <Colonial First State INV A/C> 226,944 0.35%
Mr Christopher Graham Roberts 162,173 0.25%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <DRP A/C> 103,774 0.16%
PGA (Investments) Pty Ltd 100,118 0.15%
National Nominees Limited <DB A/C> 86,230 0.13%
AMP Life Limited 79,421 0.12%
HSBC Custody Nominees (Australia) Limited A/C 2 71,519 0.11%
UBS Nominees Pty Ltd 70,592 0.11%
Avanteos Investments Limited <Encircle IMA A/C> 68,964 0.10%
Custodial Services Limited <Beneficiaries Holding A/C> 67,214 0.10%

Frequently Asked Questions

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. 

At at 17 June 2020, Cochlear does not offer a dividend reinvestment plan.

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